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
Preferred stock in the shipping sector
There has been an increasing trend for private equity investments in the shipping sector to take the form of preferred stock in either publicly listed or private companies, rather than through a more traditional method of establishing a joint venture with an established shipowner. Broadly speaking, preferred stock is stock that has whatever features are determined by the company, although typically the stock offers its holders priority dividend and liquidation rights over common equity holders – often with additional features built-in by the parties.
learn more →IMO has a new plan to reduce shipping’s carbon emissions; will it be enough?
Global shipping accounts for about 3% of the world’s annual carbon emissions, and pressure is intensifying on the industry to reduce that pollution to contribute to the international goal of net-zero carbon emissions by 2050.
learn more →Capesize Market Bounces Back After Dismal Start to the Week
The Capesize market leapt up in the latter part of the week, erasing most of the losses since the closing week of May. The Capesize 5TC opened the week with a relatively paltry $20,933, took some moderate losses early in the week to $19,845 before rebounding strongly to close out the week at $27,752.
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