Prompt bunker availability and execution risk
Price is only one part of a marine-fuel purchase when delivery timing is constrained.
A bunker indication should be read together with product availability, barge scheduling, vessel arrival time and the supplier's delivery terms. A quoted price may no longer be actionable if those conditions change.
Confirm the specification
Fuel grade, sulfur limit, quantity tolerance, sampling, documentation and claims provisions can affect the transaction. Requirements should be confirmed for the vessel and voyage in question.
Plan the stem
Prompt requirements may carry additional scheduling risk. Buyers may need to assess alternatives in light of the vessel's itinerary, contractual position and current port conditions.
This commentary is provided for general information only and does not constitute an offer, solicitation, or recommendation to buy or sell any commodity or financial instrument.