World News
DFDS Looks to Boost its Bunkering Transparency
Thursday May 23, 2019
Danish shipowner DFDS says it is looking to increase the transparency of its bunkering activity by partnering with BunkerTrust, a service that allows buyers to rate suppliers.
“We expect that BunkerTrust will assist us in creating the much-needed transparency in the bunkers industry and provide valuable insights into how DFDS can improve its overall bunkering process,” says Thomas Mørk, VP and head of Technical Organisation.
BunkerTrust allows a ship’s chief engineer rate the supply on quantitative measures, such as quality, quantity, and timing, as well as subjectively on the overall experience after the bunker operation
Launched in 2017, some 250 ships from 23 shipowners currently use the service.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.50 | 1.00 | 770.00 | 3.50 |
| Rotterdam | 601.50 | 2.50 | 754.00 | 2.00 |
| Houston | 619.00 | 11.50 | 795.50 | 3.00 |
| Fujairah | 651.50 | 1.00 | 895.00 | 2.00 |
| Global 20 Ports Average | 664.00 | 1.50 | 856.50 | 2.00 |
| Global 4 Ports Average | 630.00 | 3.00 | 803.50 | 2.50 |
| Global Average Bunker Price | 718.00 | 0.50 | 914.50 | 0.50 |
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