World News
ELEMENT Alpha Hires Bunker Trader in Dubai
Monday March 1, 2021
Oil and commodity trading firm ELEMENT Alpha has hired a new bunker trader in Dubai.
Ronny Theroth has joined the firm's Dubai office as a bunker trader as of the end of last year, according to an update to his LinkedIn profile.
Theroth was previously a bunker trader for Cockett Group in Mumbai.
ELEMENT was founded in 2015 as part of Geneva-based ELEMENT Group, concentrating at first on the Black Sea and Mediterranean regions before moving to a global focus. The firm trades crude oil, refined products, petrochemicals and dry bulk, according to its website, as well as holding a stake in waste hydrocarbon recycling company Origin International.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 570.00 | 1.00 | 683.00 | 2.50 |
| Rotterdam | 515.50 | 1.00 | 685.00 | 7.50 |
| Houston | 555.00 | 1.00 | 678.00 | 1.00 |
| Fujairah | 563.00 | 2.00 | 754.50 | 0.50 |
| Global 20 Ports Average | 587.50 | 1.50 | 765.00 | 0.50 |
| Global 4 Ports Average | 551.00 | 1.00 | 700.00 | 1.00 |
| Global Average Bunker Price | 634.50 | 1.00 | 812.50 | 1.00 |
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