How worried should you be about bunkers?

Speak to a shipowner about bunker supply at the moment, and you’ll find a spectrum of responses. Some are remarkably calm: nothing to worry about, supply is healthy despite the still closed Strait of Hormuz. Yes you might have to pay a bit more, but that’s shipping and you can still operate effectively. Others are decidedly less optimistic. For them, the Strait of Hormuz represents a real threat to bunker supply in major hubs around the world, and spiraling pricing could make some voyages unprofitable altogether. So what’s the reality? Should you be worried about supply? Is quality suffering as a result of scarcity? And how has this latest geopolitical crisis affected how bunkering works as a sector? Joining Joshua on the podcast are: • Alexander Prokopakis, executive director, International Bunker Industry Association • Kenneth Dam, executive director, TFG • Peter Grünwaldt, head of bunkering, Hafnia • Matthew Rajendra, senior reporter, Lloyd's List Learn more about Lloyd’s List Intelligence here: https://www.lloydslistintelligence.com/