Bunker Industry Heading Towards Consolidation and Credit Lines

Financial times are bringing the issue of credit lines to the forefront.
Marine fuel sellers are essentially acting as financing houses for ship operators.
Bunker players are shielding themselves by culling customers deemed riskier.
Companies are doing the usual things during crises: burning, borrowing, or raising cash.
A consolidation of the bunker suppliers is inevitably on the cards.

According to an article published in Platts and authored by Paul Hickin et al., tough financial times are...