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
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.
learn more →Costamare’s Bond Issue Shows That Financing Can Be Found, but Scale is Ever More Important Today.
With financing being harder to raise, ship owners are actively looking at alternative sources of capital raising. Costamare did so by raising 100 million euros in unsecured bonds through the Athens Stock Exchange.With financing being harder to raise, ship owners are actively looking at alternative sources of capital raising. Costamare did so by raising 100 million euros in unsecured bonds through the Athens Stock Exchange.
learn more →Ship Recycling: Are High Prices Off the Table?
The latest developments in the ship recycling market suggest that the period of high offers presented by yards to ship owners are a thing of the past.
learn more →