Margins remain tight for marine fuels resellers amid lengthy shipping market doldrums and the collapse of OW Bunker, but "green shoots" of a maritime recovery and the prospect of tighter emissions rules are providing reasons for hope.
Even if bunker prices have staged some modest recovery, companies that deliver bunkers on back-to-back trades are continuing to see low spreads.
World Fuel Services bunker segment snapshot
Q1 2017 | Q1 2016 | |
Volume | 6.8 |