Sunday, April 30, 2017

New Reports Will Study Bunker Supplies in Key World Ports

New Partnership to Reflect on Marine Fuel Availability
Shipping News Feature
UK – WORLDWIDE – Marine fuel events, training and publishing company Petrospot has formed a partnership with 20|20 Marine Energy, a maritime consultancy service, with a view to creating a series of data-rich intelligence reports on bunker markets in key and emerging world ports. As well as current market dynamics, the reports will also provide analysis on future supply, demand and infrastructure challenges following the implementation of the global 0.5% sulphur cap in 2020.

Utilising the two companies expertise within the sector, the reports will focus on the commercial, logistical and environmental issues driving the changes and developments in each local market. Current and historic bunker demand, an overview of fuel suppliers and market share, storage facilities and fuel delivery options and providers will all be examined. Port profiles will also study the factors that influence local bunker prices and a comparison with competitor ports. The reports will also assess product sourcing and availability and examine the issues that may affect current and future supply, including the sulphur cap and the alternative fuel supply options in each port. Llewellyn Bankes-Hughes, Managing Director, Petrospot said:

“Every report gives a unique overview of each bunker market, and provides real insights and intelligence to enable organisations to develop the right market entry strategy. In partnering with 20|20 Marine Energy on this project, our aim is to combine market knowledge and data, as well as strategic and commercial commentary to help companies make the best possible decisions.”

Commenting on the launch of the new initiative, Adrian Tolson, Senior Partner, 20|20 Marine Energy observed:

“The marine energy supply chain is experiencing exponential change and becoming increasingly complex. All organisations on the buy and supply side have important decisions to make on where and how they position themselves within the market, as well as determining the best fuel procurement strategy for their vessels and fleets. To do this, they need access to accurate information that they can trust on the latest developments on bunkering infrastructure in global ports, which these reports will provide.”