Getting the bunkering lead time right is more important than ever
The key factors that are worth considering when buying bunker fuel are quality, availability and price. Excluding quality, availability and the relative price paid generally tend to correlate with the lead time, which is the difference between the enquiry/stem date and the start of the delivery window.
Following the IMO2020 transition, longer lead times have become key to securing bunker fuel while paying a competitive price. Shipowners who delay stemming risk non-availability and having to burn a more expensive compliant fuel instead. Book too early and potentially face cancellation costs or delays.
Read MoreMarket Intelligence Podcast – Episode 10
Integr8 Fuels would like to bring you our Market Intelligence podcast, where we will be discussing the main news in the Bunker industry this week.
We also sit down with Steve Christy, Strategic Communications Director at Navig8, to discuss the key indicators for the oil market and how they determine oil prices .
Market Intelligence Podcast – Episode 9
Integr8 Fuels would like to bring you our Market Intelligence podcast, where we will be discussing the main news in the Bunker industry this week.
We also sit down with Tristan Roper-Caldbeck, Analyst at Navig8, to give an overview of the recent developments in oil prices.
Zhoushan as a new Far East bunker hub
For decades Singapore has been the gateway to Asia, a major hub offering bunkering as well as other various shipping services. There have been a number of attempts to rival it, particularly when it comes to bunkering, however bunker sales in Singapore remain strong, at around 50 million tons per annum out of the global total of 300 million tons.
Recently, however, certain developments in China and particularly around Zhoushan mean, while unlikely to fully rival Singapore, it may become an attractive bunkering alternative for some.
Read MoreThe tanker market 2020, not what you expected…….. what’s next?
2020 was meant to be all about the IMO regulation, until Covid-19 dominated the conversation.
Tankers are now on a new path with greater uncertainty to navigate, this will present opportunities to create value.
Join Paul Marsh, Research Director at Navig8, on what took us here and the likely scenarios to unfold as this unprecedented situation plays out.
We are off recent price lows, but that doesn’t mean we are in a continually rising market
Just over a month ago we put out a note on the collapse in oil prices and the pressures in the market from the significant loss in global oil demand because of ‘lockdowns’ against Covid-19.
Read MoreMarket Intelligence Podcast – Episode 8
Integr8 Fuels would like to bring you our Market Intelligence podcast, where we will be discussing the main news in the Bunker industry this week.
We also sit down with Kasia Halucha, Analyst at Navig8, who speaks about the increase of cargo on water.
Market Intelligence Podcast – Episode 7
Integr8 Fuels would like to bring you our Market Intelligence podcast, where we will be discussing the main news in the Bunker industry this week.
We also sit down with Paul Marsh, Research Director at Navig8, who speaks about the impact of low crude prices and crippling demand on oil wells.
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