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Page 11 - Op Stories Use This To Put In The Box On Homapge News Today : Breaking News, Live Updates & Top Stories | Vimarsana

FEATURE: Bunker Industry in State of Uncertainty as Traders Brace for Russia Impact

Short-term gains are there to be made in bunker margins with crude at 14-year highs and as freight demand rises, but a host of challenges are around the corner.

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CMA CGM Steps Up Fuel Hedging as Bunker Costs Surge

The firm paid $4.23 billion for bunkers and consumables in 2021, up by 37.5% from the $3.07 billion paid the previous year.

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Global Bunker Supplier Peninsula Halts Russia-Related Business

The suspension applies to business with Russian ships, ports, companies, suppliers and financial institutions.

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Monjasa Halts All Russia-Related Business Including Russian Oil Purchases

A company representative tells Ship & Bunker the firm stopped all business with Russia as of February 25.

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S&B ANALYSIS: Top Bunkering Firms Back Off From Business in Russia

A range of the biggest bunkering companies set out to Ship & Bunker how they are stepping away from deals in Russia during the Ukraine crisis.

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