Buy-side knowledge gap in marine energy and procurement

Key challenges and questions for ship owners and operators:

1. Uncertainty over fuel choice and compliance solutions.
2. Charterer and legislative pressure.
3. Reduce fuel costs and emissions, and be more competitive and profitable.
4. Financial exposure to fuel suppliers/buying at the right price and using right hedging instruments.
5. On-spec/off-spec? And am I being supplied with what I’ve paid for? Can I trust my supplier?
6. Do I have the right purchasing, channel strategy and team? How do I shorten the transaction chain? Do I need to outsource or create internal infrastructure?