Maximum price agreements

A strategy that protects you from rising bunker prices, yet allows you to benefit from falling bunker prices. If the spot price is below the agreed maximum price, you simply pay the spot price. If the spot price is above the maximum price, you still only pay the maximum price. 

Three good reasons to use this strategy:

• Rising fuel prices would seriously undermine your business
• Stabilise your business with a guaranteed fuel supply in the ports you specify at a fixed price
• Focus on your core business