Shipping and bunkering giants to launch bunker quality initiative
Leading shipping and bunkering companies have come together to launch a Bunkering Services Initiative focused on solving widely reported issues of fuel quantity shortages and fuel quality opacity across the marine fuel supply chain.
According to the statement, by addressing these market distortions marine fuel buyers can make optimal procurement decisions and suppliers can operate on a level playing field. The Initiative is voluntary, and participation is welcome from all marine fuel buyers and suppliers who commit to adopting and complying with its standards and governance.
At the outset focused on Amsterdam-Rotterdam-Antwerp (ARA), the world’s second-largest bunkering hub, the Initiative represents 20% of
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