international magazine
11 / 2006

Mixer in the road

Bunker business is hit by restrictions on sulphur content for bunker fuel for the Baltic Sea ships, imposed by MARPOL (the International Convention for the Prevention of Pollution from Ships) on 19 May. In November, the difference between one tonne of HSFO and LSFO fluctuated within $1220/t range, annoying the market and affecting its operations. Having little hope for producers, bunker fuel traders try to utilise all available opportunities, including blending, in order to compensate for short supply.