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Shipowners Rush to Bunker Hedging

Innovation is touching every corner of the shipping industry, with major changes underway in the way owners are buying bunkers. Rising oil volatility has caused an increasing number of shipping companies to start procuring their fuel months in advance. The easing of oil contango has also brought future prices in line (and even temporarily cheaper) ...

The post Shipowners Rush to Bunker Hedging first appeared on Hellenic Shipping News Worldwide.

WP_Post Object ( [ID] => 235372 [post_author] => 78 [post_date] => 2020-11-23 22:00:57 [post_date_gmt] => 2020-11-23 22:00:57 [post_content] =>

Innovation is touching every corner of the shipping industry, with major changes underway in the way owners are buying bunkers. Rising oil volatility has caused an increasing number of shipping companies to start procuring their fuel months in advance. The easing of oil contango has also brought future prices in line (and even temporarily cheaper) ...

The post Shipowners Rush to Bunker Hedging first appeared on Hellenic Shipping News Worldwide.

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