Shipping faces an unpredictable future. Volatile fuel prices, variable fuel quality, issues around fuel delivery, the difficulty in obtaining credit and the threat of increased regulations are putting additional pressures on an industry already struggling to deliver profits.
Faced with such uncertainty and with fuel costs still accounting for 50% of the operating costs of a ship, ship owners need to look for effective ways to reduce fuel bills. For many a comprehensive bunker procurement strategy offers a fast and effective way to managing these costs.
At Inatech we talk and work with a lot of shipping operators. Companies of all sizes - some with fleets of hundreds of ships, some with fleets as low as 20 ships. We also work with operators from all sides of the industry from dry bulk, to container, to cruise ships to tankers. So we really understand the challenges these different companies face. We have used that knowledge and expertise to develop a number of bunker procurement products which are already helping ship operators combat fuel quality issues, handle the ECA regulations, manage credit facilities and ultimately reduce fuel costs.