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December 2022
Hamed Fathi of IME looks at the issues that need to be considered when assessing credit risk in the bunker industry.
One of the most common elements of a bunker trading / supply business is reliance on large volumes of ‘low margin’ bunker deals, that are in turn financed by banks and financiers with a lower margin / interest credit facility, enabling the bunker trader to make enough profit overall to make the enterprise sound.
