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Indian ports saw a significant boost in bunkering activities from January to July 2024.

Indian ports saw a significant boost in bunkering activities from January to July 2024.
blog image
Maritime

Indian ports saw a significant boost in bunkering activities from January to July 2024.

Bunkering operations at Indian ports saw a substantial increase from January to July this year, with the total number of bunkering and ship-to-ship (STS) calls rising by 64% compared to the same period in 2023. The number of these calls climbed to more than 6,765, a significant jump from the 4,113 recorded last year. Mumbai, a key hub for bunkering in India, contributed to this growth with a 3% rise in its bunkering activities. Several factors contributed to this surge. Heightened attacks on shipping in the Red Sea have prompted many ship-owners to reroute their vessels around Africa, leading to longer voyages and increased fuel needs. This shift has resulted in a spike in demand for bunkering services at Indian ports, which usually experience a seasonal dip in demand during the monsoon due to adverse weather conditions. However, the geopolitical disruptions have driven a higher-than-usual demand for bunkers in the region, offsetting the typical seasonal slowdown and fuelling the overall growth in bunkering operations at Indian ports.


14 Aug 24
blog image
Maritime

Indian ports saw a significant boost in bunkering activities from January to July 2024.

Bunkering operations at Indian ports saw a substantial increase from January to July this year, with the total number of bunkering and ship-to-ship (STS) calls rising by 64% compared to the same period in 2023. The number of these calls climbed to more than 6,765, a significant jump from the 4,113 recorded last year. Mumbai, a key hub for bunkering in India, contributed to this growth with a 3% rise in its bunkering activities. Several factors contributed to this surge. Heightened attacks on shipping in the Red Sea have prompted many ship-owners to reroute their vessels around Africa, leading to longer voyages and increased fuel needs. This shift has resulted in a spike in demand for bunkering services at Indian ports, which usually experience a seasonal dip in demand during the monsoon due to adverse weather conditions. However, the geopolitical disruptions have driven a higher-than-usual demand for bunkers in the region, offsetting the typical seasonal slowdown and fuelling the overall growth in bunkering operations at Indian ports.


14 Aug 24
blog image
Maritime

Indian ports saw a significant boost in bunkering activities from January to July 2024.

Bunkering operations at Indian ports saw a substantial increase from January to July this year, with the total number of bunkering and ship-to-ship (STS) calls rising by 64% compared to the same period in 2023. The number of these calls climbed to more than 6,765, a significant jump from the 4,113 recorded last year. Mumbai, a key hub for bunkering in India, contributed to this growth with a 3% rise in its bunkering activities. Several factors contributed to this surge. Heightened attacks on shipping in the Red Sea have prompted many ship-owners to reroute their vessels around Africa, leading to longer voyages and increased fuel needs. This shift has resulted in a spike in demand for bunkering services at Indian ports, which usually experience a seasonal dip in demand during the monsoon due to adverse weather conditions. However, the geopolitical disruptions have driven a higher-than-usual demand for bunkers in the region, offsetting the typical seasonal slowdown and fuelling the overall growth in bunkering operations at Indian ports.


14 Aug 24