World News
Former TFG Marine CEO Anders Grønborg Moves to Consolidation Role at Bunker Holding
Anders Grønborg, who left new bunker supplier TFG Marine earlier this year after just three months as its CEO, has now moved to Bunker Holding to help steer the industry towards consolidation.
Grønborg will join Bunker Holding as its head of sales on December 1, reporting to CCO Christoffer Berg Lassen, the marine fuels giant said in an emailed statement Thursday.
His role will be to "optimize Bunker Holding's market leader position by supporting the Group's continued efforts to consolidate the international bunker industry," the company said.
TFG announced the departure of Grønborg as its CEO in a 'mutually agreed exit' in June, having hired him in April.
Before joining TFG Grønborg was previously in various roles at World Fuel Services for 27 years, most recently as global head of marine fuel supplies up until his departure in 2018.
"Apart from managing and safeguarding many of Bunker Holding's vital business areas, Anders will also be a significant sparring partner to Group Executive Management around innovation and potential future areas of operation," Bunker Holding's Christoffer Berg Lassen said in Thursday's statement.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 548.00 | 0.50 | 677.50 | 2.00 |
| Rotterdam | 513.00 | 0.50 | 649.00 | 3.00 |
| Houston | 544.50 | 2.50 | 675.00 | 4.00 |
| Fujairah | 541.50 | 2.50 | 744.00 | 3.50 |
| Global 20 Ports Average | 572.00 | 2.50 | 758.00 | 2.50 |
| Global 4 Ports Average | 536.50 | 1.50 | 686.50 | 3.00 |
| Global Average Bunker Price | 624.00 | 2.50 | 801.00 | 3.50 |
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