Register

OceanConnect.com

My Home

Bunkers

News & Info

About Us

Help

User Features









The Benefits of Risk Management


Historically, bunker prices have fluctuated dramatically and without notice. Last year the price of 380cst in Houston peaked at $158 after the September 11 attacks. Just over two months later, it had fallen by nearly 50% to $83. Then in April 2002 it skyrocketed to $150.50 on the back of a strike by employees of Venezuela's state-owned oil company. For shipowners whose fuel expenses are typically thirty to sixty percent of vessel operating costs, these price changes have major effects on the bottom line. Through hedging, a shipowner can protect profits from unforseen increases in fuel costs.




The Benefits of OceanConnect
Competitive offers help find you the best risk management solution...

Contact Us
Introduction to Hedging
Swaps are the most common hedging mechanism...