ShippingWatch

Renowned analyst sees two players ready for growth despite declining bunker market

In a bunker market with generally declining volumes, two companies in particular look set to climb the list of the world's top bunker players, projects renowned analyst Jason Silber in an interview with ShippingWatch. One of them was close to a bankruptcy a few years ago and is now bouncing back.

Photo: Monjasa

In a bunker market that generally sees lower volumes, two companies in particular are poised to conquer market shares in the coming year.

More specifically, these companies are Monjasa and Minerva Bunkering, formerly Aegean Marine Petroleum, which looks set to continue their climb on the list of the biggest bunker companies measured on traded volumes, assesses high-profile analyst Jason Silber in an interview with ShippingWatch.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Political majority allocates funds to hydrogen project

The industry applauds a broad political agreement to allot around USD 136 million to the Danish participation in the EU's green hydrogen project. Hydrogen is expected to play a significant role as a future fuel for shipping.

Argentine port workers strike for access to Covid-19 vaccines

Nine unions representing Argentine port workers have announced a 24-hour strike in protest against the lack of access to coronavirus vaccines. The strike takes place amidst a new coronavirus outbreak in the country, which is a major dry bulk exporter.

Tradelens hopeful that major Maersk rivals will soon be integrated

Hapag-Lloyd and ONE continues to be absent on the digital platform Tradelens even though they announced they would join two years ago. "We are hopeful that they will be joining very soon," says Head of Tradelens Mike White. Hapag-Lloyd expects to make a decision soon.

Further reading

Related articles

Latest news

See all jobs