Who we are
BALUCO is an International marine bunkers & lubricants consulting company serving the global shipping market
with consistency by providing leading service worldwide.
Certifications
Since our inception we have continuously invested in manpower and the extension of our worldwide suppliers’ network.
BALUCO has created a vast network of major & local suppliers throughout the world, thus can successfully support prompt unpredictable fleet needs in any main and secondary port at the most competitive price levels.
Since 2003 BALUCO LTD. has been awarded with ISO CERTIFICATION, which is presently monitored by ABS as regards BALUCO’s compliance with industry norms, terms and conditions and fulfillment of all standards of stable and continuous improvement and quality.
Products & Services
Our partners
Recent News
Bunker quality – do bunker suppliers have charterers over a barrel?
Charterer’s obligation to provide bunkers in compliance with charterparty specification. Time charterers supplying vessels with bunker fuel oil need to ensure that they meet the contractual specifications set out in the charterparty. This may include a general obligation to provide bunkers fit for purpose and suitable for burning in the main and auxiliary engines.
learn more →China’s COVID-19 Outbreak Introduces New Implications for the Shipping Markets
China’s lockdowns in Shanghai is expected to have a significant impact in the global supply chains and the tanker markets, especially when seen in tandme with everything else that’s been going on in the world’s economy today.
learn more →War in Ukraine will hurt growth in all shipping segments.
Though much uncertainty remains, the immediate commodity price increases and supply challenges caused by Russia’s invasion of Ukraine are likely to be felt throughout 2022. Also, recently implemented sanctions on Russia are not likely to be lifted any time soon. This may have sustained spill-over impact on the global economy.
learn more →