The world of marine fuel is ever-evolving, with new fuel types and technologies being tested and invented each day. Thanks to the push towards a more sustainable lifestyle, we’ve seen a huge boost in interest in biofuels, such as HVO. While those that have been on the water for a while are happy to continue their use of AGO.
While the yachting industry is no stranger to managing its finances, you can never be too careful when deciding who you work with. With the marine fuel industry growing, it is vital that your distributors and suppliers are reliable, professional, cost-effective, and efficient.
The superyacht industry is predicted to be worth around USD 13.95 billion by 2030, making it no surprise that it can sometimes be the target of scams and opportunists. The team at Peninsula have combined their years of industry experience to provide a seamless and reliable service that is unmatched in the world of superyachts. As the global leader of independent suppliers, we understand the importance of operational excellence and the value of knowing your bunkering is taken care of.
To guarantee you get the best value for money when searching for yacht bunkering options, we recommend careful consideration of the following key points:
Quality control
Quality and compliant marine fuels and lubricants not only ensure the efficient running of your superyacht but can also prevent unnecessary and costly breakdowns. Poor-quality fuels have the potential to damage your engine and fuel lines. However, maintaining quality is a continuous process, requiring constant monitoring and improvement of practices and benchmarks. When it comes to marine fuel quality, the superyacht standard goes well beyond ISO standards and MARPOL compliance, and having a good relationship of trust and understanding with your supplier is vital to ensuring your vessel is always meeting standards and on top of any compliance changes.
Our relationship with clients is at the front and centre of all that we do, which is why we have pioneered new fuels to help our merchant customers comply with the IMO’s 0.5% global sulphur cap. Additionally, our supply chain control measures require continuous and intensive sampling and testing, that goes above and beyond industry best practices. We take care of all the quality control, allowing you to focus on keeping the superyacht running smoothly.
Coverage and facilities
The beauty of chartering a superyacht is the ability for your guests to be pretty much anywhere in the world, at their leisure. When making the journey between these locations you can be at sea for weeks on end. Ensuring you have a reputable and reliable marine fuel supplier when you reach the destination is crucial to sticking to a tight itinerary. Finding a marina that can accommodate the size of your yacht and provide the necessary fuel or lubricant can be a time-consuming and resource-intensive task for the crew. This process requires copious amounts of research, as well as vetting the suppliers to ensure quality. While suppliers are more than happy for the business, they are rarely happy to provide samples. Taking away your ability to test the products prior to making larger orders.
By pairing with Peninsula you will have access to our unrivalled global network. We have exerted tremendous effort over the past two decades to construct an interconnected system of trusted and reliable marine fuel suppliers servicing all of the world’s top superyacht destinations. Working with our incredible partners allows us to constantly monitor the price, availability, and quality of marine fuel; ensuring that we only deliver the best. Likewise, we research the local facilities and conditions to enable us to give you the latest information, find the perfect location, and help you build the most efficient bunkering plan.
As the world’s largest independent physical marine fuel supplier, we have our own facilities in 10 major shipping hubs across the globe. Our experienced teams local to these areas have full control over the supply chain and quality, allowing us to make sure you are receiving the service you desire.
Pricing
When keeping an eye on your budget set aside for marine fuel, it is within your interests to stay on top of the latest status and requirements for duty-free fuel in locations. The quality of the fuel can also play a part in its cost, with higher standards of fuel coming in at more premium prices. However, it is important to remember that the cost of having to resolve issues from poor quality products when you have a busy itinerary, is far more damaging than paying slightly more for a quality product in the first place.
With Peninsula’s global presence and large customer base, comes effective buying power and a fantastic network. Working with over 2000 customers worldwide, we have a plethora of market knowledge and experience that allows us to always offer the most competitive pricing. In addition to this, each of our suppliers undergoes a rigorous vetting process when they become part of the Peninsula network. Not only does this allow us to continue offering the best possible pricing and quality for marine fuel, but it also guarantees you a professional and smooth process; taking away any and all concerns that may be present when trying to find new and affordable suppliers.
We keep a constant watch on the market to provide you with the most up-to-date and precise information, whether it pertains to the latest rules and regulations on duty-free fuel at various locations or advice on the availability of products and the most efficient suppliers operating at any given time.
Working with some of the finest yachts worldwide, we feel privileged to be part of the yachting community, which is among the best in the world. We receive feedback regularly from various parts of the globe, not just about our supplies, but also valuable local information such as berth availability, agents, provisions, and more. This information can be extremely beneficial in making informed decisions while planning a trip, and we are more than happy to work with you.
Our team of marine fuel experts are available 24/7, 365 days a year! We will work with you to provide a transparent proposal supported by all the necessary specification documents to help you make an informed decision, at the first time of asking. Guaranteeing you have the information you need, when you need it.
If you would like to know more about the services we offer, then please don’t hesitate to get in contact with us, today.
