FIS and ENGINE announce bunker pricing partnership
Freight Investor Services (FIS) and Engine Technologies (ENGINE) are delighted to announce a new data sharing partnership, bringing together their respective expertise on bunker futures and physical markets.
The partnership, due to go live 17th May, will see physical and future derivative prices on fuel oil products available on both the FIS Live and ENGINE platforms. This will bring together the leading provider of marine fuels derivatives and the most comprehensive bunker digital platform.
Kerry Deal, Head of Business Development at FIS, said that: ‘It’s been a true pleasure to work with ENGINE, to pair our longstanding expertise on the derivatives market with the world’s most comprehensive platform for marine fuel. This is really a partnership that benefits customers on both sides, allowing full price transparency, physical purchasing, and futures hedging ability across bunker products. This is something we have heard c