Significantly bigger capital needs will strain bunker sector from 2020

When the fuel prices increase significantly in 2020, bunker suppliers will scramble to raise fresh capital. The industry is already starting to move, and the sulfur regulations will see some bunker suppliers leave the market, observers tell ShippingWatch.

Photo: Modelfoto/Colourbox

The global sulfur cap has already made the bunker sector start to move, and this will only intensify in the time to come and especially from 2020, when several bunker suppliers and traders will likely join forces or leave the game, say several industry observers.

The new requirements for the shipping sector put the bunker suppliers under pressure just as much as the shipping companies

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Extreme container rates can push shippers into bankruptcy

Extreme container freight rates might lead to a string of bankruptcies for companies without transport deals, says shipping analyst Lars Jensen in an analysis to Shippingwatch. Particularly smaller fashion brands are under pressure, according to trade organization.

Related articles

Trial banner

Latest news

See all jobs