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NORD YOUNG


Bunker Broker, Trader, or Physical Supplier: Who You Are Actually Buying From
[Photo by Bayu Tiyo on Unsplash] Ask a bunker buyer who they bought their last stem from and you will usually get a company name. Ask what that company's role was in the transaction and the answer is less certain than it should be. The confusion is widespread and it is not the buyer's fault. The three roles in marine fuel supply are genuinely distinct in law and in risk, but the market presents them inconsistently, some companies perform more than one, and the commercial conv
Richard Young
Aug 137 min read


Anatomy of a Bunker Stem: What Actually Happens Between the Enquiry and the Delivery Note
Buying fuel looks, from a distance, like buying anything else. You ask for a price, you accept one, the product arrives, you pay. In practice, a bunker stem is a sequence of six or seven distinct stages, each generating its own document, and the buyer's leverage in any subsequent dispute is determined almost entirely by what was done, or not done, at the right stage. The uncomfortable truth of most bunker claims is that they were lost before anyone knew there was a problem. T
Richard Young
Jul 287 min read
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