Insatech: Carriers pay 3-4 percent too much for bunker
Quality is not the only thing lagging in the bunker industry. Volumes are also often distorted, as each transaction typically contains 3-4 percent less fuel than agreed upon, says Insatech.
BY KATRINE GRØNVALD RAUN
Fuel consumption is the single biggest expense for carriers, and the cost here is typically even higher than necessary. According to Insatech, it is not unusual that each bunker transaction brings 3-4 percent less fuel than agreed upon.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
