About This Event

2005 saw global bunker prices rise on average by around 60%. A buoyant year for ship operators did not disguise the fact that ship fueling costs spiraled to equate to between 30 and 60% of ship operation costs.

Set in the world's largest financial district, 'Squeezing the bunker barrel' tracked the course of a barrel of bunker fuel from the refinery to the smokestack and explored the associated costs, its relationship with crude, price rises and volatility.

With an array of experts in their fields, this forum provided the knowledge tools to secure value and performance in marine fuel procurement to provide a comprehensive procurement strategy.

Rising fuel costs has become the key issue facing marine fuel purchasers, as Bunkerworld has reported:
Who Attended?
A Aditya Marine M/S
  • Aegean Marine Petroleum Network Inc
  • Aegean Oil USA LLC
  • Akkadian Private Ventures
  • AP Moller-Maersk AS
  • Asamar Inc
B Barwil Agencies (N.A.) Inc.
  • Bear Stearns
  • Biofriendly Corporation
  • BNP Paribas Commodity Futures
  • BP Marine Americas Inc
  • BP Oil International Limited - GBHVD
  • Bunkers International Corp
  • Bunkers Marinos Del Noroeste SA de CV
C Carnival Corporation
  • CEM Marine
  • Chemoil Energy UK Ltd
  • Chevron Corporation
  • Citigroup Global Markets Ltd
  • Conneticut Maritime Association
  • Curacao Oil NV (Curoil)
D DK Group Netherlands BV
  • DNV GL
  • DNV PETROLEUM
E Equitorial Energy Co. Ltd.
G GAC Bunker Fuels (USA) LLC (dissolved)
  • General Maritime Management LLC
  • Glencore Ltd
  • Goldman Sachs International
H Hanjin Shipping Co. Ltd (US)
  • Hess Corporation
I Infineum Singapore Pte Ltd
  • Infineum UK Ltd.
J Jerry Aspland
K KiteShip Corporation
  • Kotram Nig. Ltd
  • KPI Bridge Oil Inc - New York
L Lamip Investment Ltd
  • Lehman Brothers
  • LQM Petroleum Services Inc.
M Maersk Tankers USA
  • MAN Diesel North America, Inc
  • Maritime and Port Authority of Singapore
  • Military Sealift Command
  • MUR Shipping RSA Pty Ltd
N New York Mercantile Exchange (NYMEX)
  • Noble Americas Corp
O Ocean Intelligence Pte Ltd
  • Oldendorff Carriers GmbH & Co KG
  • OSG Ship Management Inc
  • O.W. Bunker Copenhagen A/S
  • O.W. Bunker & Trading AS
P Pacific Petroleum Group LLC
  • Petrojam Ltd
  • Petrol Bunkering & Trading Germany GmbH
  • Petrol Bunkering & Trading PBT Ltd
  • Petromedia Ltd
  • Petromedia Pte Ltd
  • Phillips 66 Co
  • Platts
  • Poten & Partners Inc
  • Poton & Partners Inc
  • Praxis Energy Agents LLC
  • Propulsion Dynamics Inc.
  • Provmar Fuels Inc.
R RCG International Marine
  • Royal Caribbean Cruises Ltd (RCCL)
S Seacurus Ltd.
  • SEM Group LP
  • SkySails GmbH & Co. KG
  • Sprague Energy Corp
  • Stolt-Nielsen BV
  • ST Shipping & Transport Inc
T Terpel Panama (Petrolera Nacional, S.A.)
U U.S. United Ocean Services
V Valero Energy Inc
  • Veritas Petroleum Services (VPS)
  • Vexoil Bunkering Ltd
  • Voestalpine Rohstoffbeschaffungs GmbH.
W World Fuel Services Corp
Sponsors
sponsors_map_alt sponsors_map_alt sponsors_map_alt sponsors_map_alt sponsors_map_alt sponsors_map_alt sponsors_map_alt sponsors_map_alt sponsors_map_alt sponsors_map_alt sponsors_map_alt