Bunkering

Container Cargo Ship

Bunkering Meaning: Unraveling The Intricacies of Marine Fuel Industry

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In the vast realm of maritime transportation, there is a critical aspect that keeps the industry moving – and that is fuel bunkering. This industry-specific term may not be commonly recognized outside the maritime domain, but understanding ‘bunkering meaning’ is essential for anyone involved or interested in shipping, oil and gas, and maritime law. Let’s …

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LPG Tanker

LNG Bunker Costs Now Competitive: A New Era for Shipowners

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The world of bunker fuel has experienced a significant shift, as Liquefied Natural Gas (LNG) bunker costs become competitive for the first time this year, making it economically viable for owners of dual-fuel LNG ships to utilize gas in their tanks. In this blog post, we will delve into the reasons behind this change, and …

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Understanding Mass Flow Meters: Revolutionizing Bunker Fuel Measurement in the Maritime Industry

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The bunkering industry has seen significant advancements in recent years, with the introduction of mass flow meters (MFMs) being one of the most important innovations. Mass flow meters have revolutionized the way bunker fuel is measured and delivered, ensuring more accuracy, transparency, and efficiency in the process. In this blog post, we will delve into …

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ISO 8217: An In-Depth Look at the Standard for Marine Fuels

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The International Organization for Standardization (ISO) is responsible for creating and maintaining global standards in various industries. In the maritime sector, ISO 8217 is the standard that defines the quality and specifications of marine fuels. This blog post will provide an in-depth look at ISO 8217 and its importance in ensuring consistent quality, safety, and …

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BIMCO Bunker Terms vs. Standard Bunker Seller Terms: Navigating the Key Differences

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The BIMCO Bunker Terms is a standard contract developed by the Baltic and International Maritime Council (BIMCO), an international shipping association. The BIMCO Bunker Terms provide a balanced and comprehensive framework for bunker supply contracts and are widely recognized and used within the shipping industry. In contrast, standard bunker seller terms and conditions are often …

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The OW Bunker Collapse: A Cautionary Tale for Bunker Buyers

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The 2014 collapse of OW Bunker, a leading marine fuel supplier, left hundreds of ship operators facing double billing for the same fuel delivery. This high-profile case exposed the risks associated with using intermediaries in the bunker supply chain and emphasized the importance of understanding the distinctions between brokers, traders, and suppliers. In this blog …

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Bunker Price Volatility: Navigating Market Fluctuations

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Bunker fuel prices are known for their volatility. Understand the factors driving these fluctuations, and explore strategies that ship operators can use to mitigate their impact on operational costs. In this comprehensive guide, we will delve into the causes of price volatility, its implications for the shipping industry, and the various tools and approaches available …

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Understanding Bunker Pricing: Factors and Market Dynamics

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Delve into the complexities of bunker pricing and the factors that influence it. In this comprehensive guide, we will explore the market dynamics that shape bunker fuel prices, including crude oil prices, refining costs, supply and demand, geopolitical events, and regulatory changes. Gain insights into the factors that impact the cost of fuel for ships …

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The Role of Bunker Surveyors: Ensuring Quality and Quantity

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Discover the crucial role bunker surveyors play in ensuring the quality and quantity of fuel delivered during bunkering operations. Acting as independent third-party inspectors, these professionals help protect the interests of ship operators and bunker suppliers alike. In this guide, we will delve into the responsibilities, expertise, and importance of bunker surveyors in maintaining transparency …

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Bunkering Regulations: A Global Overview

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Navigate the complex landscape of international bunkering regulations. Understand the role of organizations such as the IMO and regional authorities in creating and enforcing these rules, and how they impact the bunkering process. This comprehensive guide will help you stay informed about the regulatory framework governing the bunkering industry and ensure compliance with the latest …

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