Fuel Services
Working with ship owners to manage their biggest voyage expense.
Teekay Fuel Services provides pool partners a transparent supply chain service for competitively priced bunker fuel procurement and deliveries. Teekay Fuel Services provides bunkering for over 140 vessels, and is on track to bunker 1.2 million MT in 2019. With our seamless mix of technical and regulatory expertise, market intelligence, and volume procurement, Teekay Fuel Services helps our customers save money and mitigate risk, whatever the voyage or region.
Key Benefits:
- Volume consolidation provides access to competitively-priced bunker fuels
- Strong market presence and reputation
- Access to top tier supply base
- Established credit lines with major and independent suppliers
- Daily market reporting
- Vessel performance reporting and benchmarking
- Immediate support, including claims and dispute resolutions and assistance
Teekay Fuel Services. Well-priced bunkers, full-service procurement, and optimised earnings.
Global Locations
Singapore
2016 Volume
Stems: 187
MT: 225,097
Fujairah
2016 Volume
Stems: 40
MT: 57,071
Rotterdam
2016 Volume
Stems: 63
MT: 54,900
Gibraltar
2016 Volume
Stems: 34
MT: 49,050
Kozmino
2016 Volume
Stems: 36
MT: 44,800
Marcus Hook
2016 Volume
Stems: 19
MT: 27,157
Corpus Christi
2016 Volume
Stems: 26
MT: 19,235
Novorossiysk
2016 Volume
Stems: 13
MT: 16,071
Malta
2016 Volume
Stems: 12
MT: 14,420
Philadelphia
2016 Volume
Stems: 9
MT: 13,935
Long Beach
2016 Volume
Stems: 7
MT: 12,313
Yosu
2016 Volume
Stems: 13
MT: 11,057
Algeciras
2016 Volume
Stems: 7
MT: 11,026
Lake Charles
2016 Volume
Stems: 12
MT: 10,675
Lisbon
2016 Volume
Stems: 4
MT: 9,729
Hong Kong
2016 Volume
Stems: 9
MT: 9,321
Bolivar Roads (Galveston)
2016 Volume
Stems: 8
MT: 9,075
Portland (UK)
2016 Volume
Stems: 7
MT: 9,052
Los Angeles
2016 Volume
Stems: 6
MT: 8,131
Wilhelmshaven
2016 Volume
Stems: 9
MT: 8,122
Ust Luga
2016 Volume
Stems: 9
MT: 8,045
Preparing for IMO 2020
Changes to Sulphur emissions provides the biggest change to the bunker industry in decades. New grades provide challenges in viscosity, compatibility (and blending), competition for availability, and, last but not least, price.
Every vessel contracted to TFS will have a specific bunkering plan, where its bunkering and consumption history is taken into account: when to start buying 2020 compliant bunkers; and running down HFO prior to the end of 2019.
TFS will continue to work with trusted suppliers with good quality supply chains. We expect to secure volumes in advance at market related pricing and will work with our suppliers on multi-port contracts where we recognize their strong regional and global capabilities.
Nothing is left to chance; TFS aims to optimize the changeover to IMO 2020
