Results for tag: "Bunkering"

Bunkering is the process of supplying fuel to ships, typically in the form of oil or gas. It is an important part of the maritime industry, as it allows ships to travel long distances without having to stop for fuel. Bunkering is typically done at ports, where ships can dock and refuel. The bunkering market is highly competitive, with many companies offering different types of fuel and services. Prices can vary significantly depending on the type of fuel and the location of the port. The bunkering market is also subject to regulations, as fuel is a major source of pollution. Companies must adhere to strict environmental standards when supplying fuel to ships. Additionally, the bunkering market is subject to fluctuations in the price of oil, which can have a significant impact on the cost of fuel. Some of the major companies in the bunkering market include Shell, BP, ExxonMobil, Chevron, and Total. These companies are all major players in the global oil and gas industry, and they provide bunkering services to ships around the world. Show Less Read more