How Maersk Line secures its fuel
During the last five years, Maersk Line has installed flow meters on several ships to measure fuel volumes. "We had to make sure we got what we paid for," says Claus Skytte Nielsen, Global Head of Bunker Sourcing.
BY KATRINE GRØNVALD RAUN
Maersk Line buys bunker oil for USD six billion every year. Even tiny marginals can have a giant long term impact, and in this regard, the measuring systems used when the company buys bunker from traders are simply not sufficiently secure, says Claus Skytte Nielsen, Global Head of Bunker Sourcing at Maersk Line. One percentage less bunker than agreed upon amounts to USD 60 million - money right out of the pocket.
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