World News
Bunkering at British Island Under Review
An independent review has been launched to determine whether Guernsey's marine fuel supply is commercially viable, local media reports.
The review was spurred partly by concerns from government Guernsey Harbours authorities about the way some vessels are refueled.
According to reports, a growing number of visiting "superyachts" stop in St Peter Port and purchase fuel directly from tankers.
Smaller local and visiting boats either purchase marine petrol in small quantities from five local forecourts or from local firm Boatworks+, which supplies petrol and diesel to facilities in Castle Emplacement and the Queen Elizabeth II Marina.
An unnamed spokesman for Guernsey Harbours said the aim of the review, which will involve Boatworks+ and other suppliers in coming weeks, is to ensure "the correct balance between competition in the marine fuel market and ensuring commercial viability of suppliers, so that boatowners have a secure, convenient supply at reasonable prices."
Guernsey became a point of interest earlier this year to the shipping industry when it was announced that the Guernsey-based RoPax ferry company operating in the English Channel would be fitted with DuPont scrubbers.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 515.00 | 0.50 | 689.50 | 3.50 |
| Rotterdam | 506.50 | 2.50 | 721.50 | 2.50 |
| Houston | 501.00 | 0.50 | 713.50 | 5.50 |
| Fujairah | 507.50 | 3.50 | 742.50 | 2.00 |
| Global 20 Ports Average | 547.00 | 2.50 | 771.00 | 2.00 |
| Global 4 Ports Average | 507.50 | 1.50 | 716.50 | 3.50 |
| Global Average Bunker Price | 584.00 | 4.00 | 820.50 | 2.50 |
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