NSI Sees Large Suppliers Increasingly Dominating Bunker Hubs
by Ship & Bunker News Team
Thursday May 6, 2021 Economies of scale may mean the global commodity trading firms take a larger market share at the leading bunker hubs. File Image / Pixabay The largest bunker suppliers can be expected to take a growing market share at the biggest marine fuels hubs in the coming years as their economies of scale allow them to outperform smaller players, according to brokerage NSI. The shift of the largest commodity trading firms into bunkering was initially grudging, but has become much more deliberate and pronounced since the IMO 2020 transition brought increased physical supply profits,