IBIA announces the launch of the Bunker Buyers Working Group
We are pleased to announce the official launch of the Bunker Buyers Working Group, bringing together shipowners, charterers, and ship managers involved in marine fuel procurement for end use.
The working group has been created to ensure that marine fuels end users’ perspectives are clearly reflected in IBIA’s policy work, regulatory input, and industry guidance. It will provide a practical platform to share operational experience, address bunker buyers’ challenges, and contribute to realistic solutions that support a balanced, fair, and transparent fuel procurement process. Indicative focus areas shall be procurement practices, fuel strategy, quality and quantity, supply / demand dynamics, without engaging in individual commercial disputes and price elements. Its outputs shall include guidance, industry recommendations, input to consultations and regulations.
Eligible for membership are shipowners, charterers, and ship managers. Existing IBIA members and organisations wishing to now join IBIA are encouraged to participate.
The working group shall be coordinated by IBIA’s immediate past Chair, board member Mr. Constantinos Capetanakis, and shall be meeting, online, at least quarterly. All members are expected to participate thereon in an active manner.
Further details may be provided upon the express of interest, to which we encourage you to proceed by contacting IBIA Secretariat.
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