Message from Kenneth Dam at the IBIA Annual Convention 2026

“As our industry evolves, greater transparency and efficiency in bunker deliveries have never been more important. Technologies such as mass flow meters and electronic bunker delivery notes are helping us raise standards, reduce costs and build confidence across the marine fuels supply chain.

As the industry diversifies into LNG, methanol and other alternative fuels, greater price volatility and working capital requirements will also increase the importance of reliable, auditable delivery data. This transparency is not only important for buyers and suppliers, but also for lenders, giving them greater confidence in what has been delivered and what is being financed.”

That was the key message from Kenneth Dam, our Executive Director who joined senior leaders from across the marine energy and shipping sectors this week at the sold-out IBIA Annual Convention 2026 in New York for a panel discussion on Navigating Today, Shaping the Future.

The discussion explored the evolving role of bunkering in global shipping, the challenges of an increasingly complex regulatory environment and the importance of improving efficiency, transparency and digitalisation across the marine fuels supply chain.

The panel also addressed the need for closer collaboration between industry participants, port authorities, regulators and governments to raise standards and ensure reliable, efficient and transparent marine fuel supply across different markets.

Thank you to IBIA, moderator Timothy Cosulich and fellow panellists Bud Darr, Emma Mazhari and Dorothea Ioannou for an engaging discussion on the future of the industry.