SESSION THREE: OUT WITH THE OLD, BUT WHAT IS THE NEW? THE COMMERCIAL OUTLOOK FOR BUNKERING
The bunker industry is said by many commentators to be on the cusp of change, but what does this mean in practice? Sanctions have forced the industry to look hard at its due diligence processes, and shipping’s decarbonisation will require new ways of working and new skill sets for traders and physical suppliers alike – and the ARA market will be a linchpin for the sale and purchase of new bunker fuels.
Geopolitical events pushed up the price of bunker fuel in 2022 and physical suppliers and traders posted bumper profits. However, current high interest rates will place a considerable burden on bunker companies borrowing money and offering credit to customers. Participants in this session will assess the credit landscape for the marine fuels sector.
Speakers will look at fuel quality trends and consider whether the ARA market really has begun to shed its reputation for short deliveries and fuel quality problems. This session will also introduce a key focus point for the bunkering and shipping sectors – the advent of digitalisation.
Moderator: Llewellyn Bankes-Hughes, Founder & CEO, Petrospot
Shipping in the EU ETS & Credit Aspects – A New Era
Anna-Maria Fotinou, Senior Credit Manager, Island Oil Holdings (Ltd)
Shipergy’s Voyage; from Ships’ Decks to Tech Specs
Lina Molfetas, Senior Trader, Shipergy
Fuel Quality – The Peaks and the Troughs
Tracy Wardell, Global Technical Manager, Intertek Lintec
Challenges Fuelling Change? The current quality landscape & what may lie ahead
Chris Turner, Manager, Bunker Quality and Claims, Integr8 Fuels Inc