World News
20|20 Marine Energy Appoints Senior Associate for Europe to Support Growth
20|20 Marine Energy today announced that, alongside growing demand from stakeholders for support in developing strategies and solutions in the marine energy supply chain within a rapidly changing fuel supply market, Per Funch-Nielsen has been appointed Senior Associate for Europe.
Funch-Nielsen will be responsible for further growing 20|20 Marine Energy's European presence and consulting on global projects.
"The addition of Per Funch-Nielsen to the 20|20 team will enable us to further expand in Europe, as well as benefit from his many years of experience and knowledge," said Adrian Tolson, Senior Partner at 20|20 Marine Energy.
"Per has worked at the forefront of bunkering for many years and has a deep understanding of the challenges that ship owners, bunker suppliers, port authorities and infrastructure providers face. I am confident that his strategic counsel will add real weight and value in helping our clients effectively position themselves for growth in this transformative new market."
Funch-Nielsen previously worked for Unioil Supply, and spent more than 10 years at OW Bunker as General Manager for the company’s physical supply division.
"I am delighted to be joining 20|20 at this critical point in the shipping industry. The growth of 20|20 over the past year is testament to the unique and complex challenges that the shipping industry and related sectors face in relation to the changing dynamic of the marine energy supply chain," commented Funch-Nielsen.
"The company is working with organisations that include ship operators and fuel suppliers, as well as infrastructure providers; all of who realise that they have to change and adapt. While the challenges are many, there are also real opportunities for organisations to get ahead and seize genuine competitive advantage, and I am looking forward to working with them in providing honest strategic counsel, and helping them to realise their growth ambitions."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 645.00 | 2.00 | 767.50 | 11.50 |
| Rotterdam | 600.00 | 8.00 | 751.50 | 13.00 |
| Houston | 627.50 | 9.00 | 796.00 | 11.50 |
| Fujairah | 649.50 | 0.00 | 889.00 | 0.50 |
| Global 20 Ports Average | 665.00 | 0.50 | 864.00 | 6.50 |
| Global 4 Ports Average | 630.50 | 5.00 | 801.00 | 9.00 |
| Global Average Bunker Price | 722.50 | 2.50 | 922.50 | 3.00 |
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