
A new report from Thetius and Lloyd’s Register analyzes the role of ship fuel oil assessment and quantity verification during “uncertain times.”
Variations in bunker fuel quality have been a pressing issue for some time and lobbying for tighter bunker licensing and chain of custody schemes aimed at improving supply chain transparency have increased in recent years. But as operators and insurers are witnessing, the problem of off-spec and poor quality bunker fuel is at constant risk of resurgence. Changes to the geographic orientations of global bunker fuel markets are another influential factor.
According to the report, to meet growing local demand, Europe Continue reading “Report analyzes role of ship fuel oil assessment and quantity verification”