THE ROLE OF THE MODERN BUNKER BROKER

The modern bunker broker plays a vital role in shipping. This paper outlines how this came about and describes the ways in which bunker brokers operate. It then details the advantages that a broker can offer to the operators of both large and small fleets and to the oil suppliers, as well. For the ship operators, these advantages include: the services of an experienced bunker purchasing department; quantity purchasing discounts; worldwide contacts; negotiating skills; knowledge of bunker oil technology; and short and long range planning. For the suppliers, they include: a convenient marketing channel; savings in overhead and sales staff costs; buyer credit status information; and market intelligence.

• Supplemental Notes:
  • Conference paper
• Authors:
  • Ogilvie, A G
• Conference:
  • BUNKERS '88--The Critical Factor in Shipping
  • Location: London
  • Date: 1988-4-19 to 1988-4-20
• Publication Date: 0

Media Info

• Pagination: 30p.

Subject/Index Terms

• TRT Terms: Brokerage; Bunkering; Fuel oils; Level of service; Procurement
• Uncontrolled Terms: Brokers; Services
• Subject Areas: Administration and Management; Marine Transportation;

Filing Info

• Accession Number: 00656486
• Record Type: Publication
• Source Agency: Maritime Technical Information Facility
• Files: TRIS
• Created Date: Jul 21 1994 12:00AM