Bunker traders may become advisors and credit facilitators

摘要

When sulfur is limited to 0.5 in marine fuels in Jan.2020,many ship operators will need larger credit facilities to finance purchases of more expensive low-sulfur bunkers.20120: Marine Energy's Senior Partner,Adrian Tolson,noted that larger oil companies and commodity traders are generally reticent to offer shipowners credit lines,giving well-capitalized bunker traders an opportunity to fill that role.Tolson said,“If shipping improves and as big oil becomes more comfortable with shipping credit,you can expect this pendulum to swing away from the bunker traders...but it will take some time.”