Abstract
Bunkering is the process that covers the passage of fuel or lubricating oil from the refinery to the ship. Marine bunkering is highly competitive and is dominated by brokers and traders globally. Fuel cost represents a major portion, about 60-70% of a ship’s operating cost. With the increase in price of diesel and other white oils, it became necessary for the ship operators to reduce the operating costs, incurred through fuel consumption. For example, a medium-sized ship of about 30,000 (DWT), consumes approximately 20 -23 tonnes of fuel oil per day. At today’s price this roughly translates to ~ 3000 US $/day. This white paper describes the process and players in the marine bunkering process, and attempts to identify how IT can play a strategic role in making marine fuelling a cost-effective, efficient and streamlined process.

Author Ramasubramanian D

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