Exploring the drivers of bunker fuel prices

• Main Author: Yi, Yang Bo.
• Other Authors: School of Civil and Environmental Engineering
• Format: Final Year Project
• Language: English
• Published: 2010
• Subjects: DRNTU::Engineering::Maritime studies::Maritime management and business
• Online Access: http://hdl.handle.net/10356/40942
• Institution: Nanyang Technological University

Bunker cost accounts for 50% to 60% of a ship’s total running costs and is therefore an extremely important variable to manage. However, bunker prices are quite volatile and often moves in an unpredictable manner. Exploring the drivers of bunker prices is essential to manage the risk. But not many p...