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 S.A 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.
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Recent News
More Scrapping, Fewer Deliveries Bode Well for the Dry Bulk Market in 2021
A smaller dry bulk fleet could be on the cards for 2021, should the existing trends and estimates materialize. In its latest weekly analysis, shipbroker Intermodal said that “we expect the rise in scrap prices amid the inflection of steel prices to multi-year highs to incentivize scrapping of vintage units (still more than 5.5% of the dry bulk fleet is above 20 years of age).
learn more →LNG dual-fueled vessels make 10 % of tanker orders in 2020
Risavika LNG front month has increased by 2.4 % week on week to 24.60 EUR/MWh. Colder weather forecast for the rest of November supported European front month gas prices. Still the gas supply side remains healthy and number of LNG cargoes arriving to Europe is increasing, thus, price increase was limited.
learn more →Tanker Market Fundamantals Could Turn Positive As Supply Is Down on Most Classes
Tanker supply is edging near a 5-year low in many segments of the market. This development could bring positive news for tanker owners in the mid-term, which could also help make a case for more investment both in the S&P, but also in the newbuilding market in the coming months.
learn more →