Where We
Operate.
55°North operates across major global bunkering hubs. Port coverage, grade availability, and market context confirmed before every procurement.
Coverage note: The ports and regions listed below represent markets where 55°North has established or is developing supplier relationships. Availability is confirmed on a port-by-port basis before any procurement is initiated. This list is indicative, not exhaustive. If your port is not listed, please contact us — we will confirm whether coverage is available.
Bunkering hubs.
Northwest Europe
One of the world's largest bunkering centres. Deep liquidity across all major grades. Strong regulatory infrastructure for EU ETS compliance.
Mediterranean
Key transit corridor for East-West and North-South trade routes. Competitive pricing driven by high throughput volumes.
Middle East Gulf
Fujairah is the world's second-largest bunkering hub by volume. Strategic position for vessels transiting the Indian Ocean and Suez Canal.
Singapore & Southeast Asia
Singapore is the world's largest bunkering port by volume. Highly competitive market with extensive supplier infrastructure.
North America
Major US ports serve trans-Atlantic and trans-Pacific trade. ECA compliance requirements apply throughout US coastal waters.
Asia Pacific
High-volume trade corridors with established supplier networks. Port-specific availability varies; confirmation required before procurement.
Fuel grades.
| Grade | Full Name | Sulphur | Context |
|---|---|---|---|
| VLSFO | Very Low Sulphur Fuel Oil | ≤ 0.50% S | IMO 2020 compliant. The primary marine fuel grade globally since January 2020. Available at all major bunkering hubs. |
| HSFO | High Sulphur Fuel Oil | ≤ 3.50% S | For scrubber-equipped vessels only. Availability varies by port. Regulatory restrictions apply in ECAs. |
| MGO | Marine Gas Oil | ≤ 0.10% S | ECA compliance and auxiliary use. Widely available. Required in Emission Control Areas (North Sea, Baltic, North American ECA). |
| LSMGO | Low Sulphur Marine Gas Oil | ≤ 0.10% S | ECA compliance. Distillate grade. Available at most major ports. Specification must be confirmed before procurement. |
Regulatory and market framework.
IMO 2020 and sulphur compliance
The 0.50% global sulphur cap has been in force since 1 January 2020. Compliance is mandatory for all vessels not equipped with an approved exhaust gas cleaning system (scrubber). 55°North procures only IMO 2020-compliant grades unless the vessel has documented scrubber equipment.
Emission Control Areas (ECAs)
The North Sea, Baltic Sea, North American ECA, and US Caribbean ECA require fuel with a maximum sulphur content of 0.10%. Vessels operating in these areas must use MGO or LSMGO, or have an approved scrubber. 55°North confirms ECA compliance requirements before every stem.
EU Emissions Trading System (EU ETS)
From 2024, shipping is included in the EU ETS. Vessel operators must surrender allowances for CO2 emissions on voyages to, from, and between EU ports. Documentation requirements apply. 55°North structures delivery documentation to support client ETS reporting obligations.
Price benchmarks
Marine fuel prices are typically benchmarked against Platts or Argus assessments for the relevant port and grade. Prices are subject to market conditions at the time of procurement. 55°North does not guarantee price levels. All pricing is confirmed in writing before execution.
Confirm coverage for your port.
If your port is not listed above, contact us directly. We will confirm whether coverage is available and what the current supply conditions are.
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