Petrospot, the marine fuel events, training and publishing company, and leading maritime consultancy, 20|20 Marine Energy, today announced the forming of a partnership to create a series of insight-driven and data-rich intelligence reports on bunker markets in key and emerging world ports. As well as current market dynamics, the reports will also provide analysis on future supply, demand and infrastructure challenges following the implementation of the global 0.5% sulphur cap in 2020.

The partnership combines both companies’ comprehensive knowledge of the global bunker industry, and access to critical data, in conjunction with the capability to provide in-depth analysis and context from the perspective of the current and impending changing dynamics of the market, and how it impacts all stakeholders connected to the marine energy supply chain.

The reports will focus on the commercial, logistical and environmental issues driving the changes and developments in each local market. This includes an expert summary of commercial operations at each location, information on current and historic bunker demand, an overview of fuel suppliers and market share, storage facilities and fuel delivery options and providers. Port profiles also examine the factors that influence local bunker prices and a comparison with competitor ports. The reports will also assess product sourcing and availability and examine the issues that may affect current and future supply, including the 0.5% global sulphur cap in 2020, and the alternative fuel supply options in each port.

“Every report gives a unique overview of each bunker market, and provides real insights and intelligence to enable organisations to develop the right market entry strategy,” said Llewellyn Bankes-Hughes, Managing Director, Petrospot Ltd. “In partnering with 20|20 Marine Energy on this project, our aim is to combine market knowledge and data, as well as strategic and commercial commentary to help companies make the best possible decisions.”

Commenting on the launch of the new initiative, Adrian Tolson, Senior Partner, 20|20 Marine Energy said: “The marine energy supply chain is experiencing exponential change and becoming increasingly complex. All organisations on the buy and supply side have important decisions to make on where and how they position themselves within the market, as well as determining the best fuel procurement strategy for their vessels and fleets. To do this, they need access to accurate information that they can trust on the latest developments on bunkering infrastructure in global ports, which these reports will provide.”

Source: 20|20 Marine Energy