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Shipergy Signs Energy-Adjusted Bunker Contract With European Shipowner
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Ship & Bunker
Shipergy Signs Energy-Adjusted Bunker Contract With European Shipownerby Ship & Bunker News TeamDaniel Rose is CEO of Shipergy.
Image Credit: ShipergyMarine fuel trading firm Shipergy has signed what it believes to be the bunker industry's first procurement contract based on energy delivered rather than tonnes of fuel.
"Each quarter, Shipergy’s achieved cost of energy delivered, calculated from actual invoice values and laboratory-measured Net Calorific Value on every delivery, is compared against the energy-adjusted market benchmark," the company said.“
The first stem under the contract, a delivery of MGO at a Northwest European hub, was completed earlier this month.
"We are measured, and rewarded, on the true cost of energy delivered to the ship.