Since 1 January 2010 the EU’s Sulphur Directive has required ships at berth in EU ports to burn fuel with no more than 0.1 % sulphur, making low-sulphur marine gas oil the default for port stays.
Shipping is no longer about merely watching bunker indices—tariffs that redraw trade lanes, tightening emissions rules that add six-figure costs per voyage, and AI-driven optimisation that exposes inefficiencies have turned fuel from a line-item expense into a strategic risk.
On 25 September 2024 Paratus & Partners - the FCA-regulated energy-price-risk brokerage within the Paratus Group - announced that its Guernsey-licensed carrier, Paratus Aviation Insurance Ltd, has issued the world’s first jet-fuel price-protection insurance policy.
On 17 April 2024 Paratus Holdings launched Paratus & Partners, an FCA-regulated brokerage lets clients tap the group’s (re)insurance platforms and access the world’s first energy price risk insurance solutions.