We are clearly well into the IMO 2020 transition; changes in bunker infrastructure, availabilities and pricing are all having a major impact, posing challenges to bunker buyers and these are not going to go away quickly.
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For many years buying bunker fuel has mostly been about getting the best quoted price and avoiding quality issues. This is as topical today, particularly going into 2020.
Buying the best quoted price, however, does not necessarily mean buying the cheapest fuel. One fuel property that often gets overlooked is net calorific value (will simply refer to as calorific value going forward), which shows how much energy is produced by combusting the fuel.
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