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FEATURE: The Bunker Industry's 2020 Fell Flat For All the Wrong Reasons


FEATURE: The Bunker Industry s 2020 Fell Flat For All the Wrong Reasons
by Jack Jordan, Managing Editor, Ship & Bunker
Thursday January 7, 2021
No-one said 2020 was supposed to be an easy year for the bunker industry.
A host of problems were expected last year: quality issues with the new fuels, a price shock worsening access to credit, and suppliers being forced out of business.
A pandemic, coinciding with a collapse in OPEC s control of the oil markets, was not expected.

The industry now has to balance recovering from the COVID-19 era quickly with investing in the shift to zero-carbon fuels.
Heading into 2021, the bunker industry is left in a much more consolidated state, with the largest suppliers and largest ports clinging on to a bigger slice of a slightly smaller global market. ....

Saudi Arabia , Societe Generale , Pacific Petroleum , Ocean Bunkering Services , European Union , Bunker Holding , Bridge Oil , Bunker Industry , Flat For All , General Kitack Lim , Member States , May Steve Bee , Hin Leong , Ocean Bunkering , October Swiss , Inter Pacific Petroleum , Demanttelling Ship , சவுதி அரேபியா , சமூகம் ஜெநர்யால் , பெஸிஃபிக் பெட்ரோலியம் , கடல் பதுங்கு குழி சேவைகள் , ஐரோப்பிய தொழிற்சங்கம் , பதுங்கு குழி வைத்திருத்தல் , பாலம் எண்ணெய் , பதுங்கு குழி தொழில் , தட்டையானது க்கு அனைத்தும் ,