Home ShipmanagementBunkering Analysing the Offshore bunker market post COVID-19

Analysing the Offshore bunker market post COVID-19

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Analysing the Offshore bunker market post COVID-19

Following a turbulent few months for the global economy, leading bunker brokers LQM Petroleum Services are delighted to announce their autumn webinar series. 

The first session – Offshore Bunkering Post Covid 19 – will run on September 9, 14:00 London time.

The recent pandemic has caused significant turmoil in global bunker markets. Prices were pushed to record highs by the IMO 2020 sulphur cap, before plummeting as COVID-19 wreaked havoc.

In its first webinar focused on offshore bunker procurement, LQM will explain the opportunities lower prices have created for the offshore sector. We will also analyse what procurement teams can do now to protect project P&L’s in the future.

In partnership with offshore bunker supplier Geos and global ship agent Inchcape Shipping Services (ISS), we will also examine the offshore bunker supply chain and explain what practical changes have taken place in offshore bunker deliveries.

LQM will discuss pricing and Geos will highlight the practical elements of delivering offshore bunkers. ISS, meanwhile, offer an agent’s perspective during these challenging times.

You can sign up for the session here.

“The world – and not just the maritime industry – is changing at such a rapid pace,” said LQM chief executive Daniel Rose.

“There are plenty of big topics we’re keen to cover over the next few months and we are starting with Offshore bunkers because this is an area where we have been making real progress.

“Having Geos Group and ISS involved in the first webinar on September 9 will make for a lively debate on the current state of play.”

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