OceanConnect president Thomas Reilly says the service is aimed at ship owners and fuel suppliers looking to manage their exposure to the volatile marine fuel market. Bunker fuel – a heavy fuel oil used to power ships – can account for up to 30% of the cost of running a tanker.
OceanConnect is one of the largest brokers of physical marine fuel, as well as an information provider. This
The week on Risk.net, August 4–10Receive this by email