Pool partners benefit from supercharged fuel procurement strategies
London, 2nd October 2024: Tankers International, a leading VLCC pool in the shipping industry, has appointed Stephen Robinson to head up its bunker desk. With decarbonisation and efficiency both high on shipping’s agenda, fuel procurement strategies are central to managing the energy transition and future proofing energy security.
Robinson will be UK-based and brings many years of experience to the business, having previously worked as managing director for both Bomin and Cockett Marine Oil. Over his career, he has developed an in-depth understanding of both the trading and physical supply of fuels. He has a solid technical background in terms of fuel procurement, management and hedging, and has long, established relationships with many physical suppliers – an advantage for Tankers International when developing and maintaining credit lines.
Matthew Smith, Chief Operating Officer, Tankers International, said: “Stephen Robinson brings with him a wealth of knowledge and strong relationships which he has developed over many years on both the trading and supply sides of the bunkering world. With decarbonisation so high on the shipping agenda plus the emerging alternative fuels landscape, this has never been more important. We’re excited to have someone of his pedigree supporting our pool, focusing on realising the growing competitive advantage that an effective fuel strategy has to offer, and adding true value to our partners when it comes to fuel procurement.”
Stephen Robinson, Head of Bunker Strategy & Procurement, Tankers International added: “While Tankers International has always provided this service to pool members and has established solid credit lines, with the emergence of alternative fuels, the uptake of new ship technologies, and multiple regulatory changes, the time is right to supercharge its bunker desk offering. Fuel constitutes a major portion of operating costs and fuel procurement is becoming increasingly complex. I am looking forward to working with pool partners to manage fuel strategies, realise efficiencies, and reduce costs.”
With the addition of Stephen Robinson, Tankers International expands another service offering, providing an additional source of knowledge and expertise that pool partners have ongoing access to. Partners also have access to its VLCC fixture app – the only publicly available source of fixture data for the global VLCC fleet.
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