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Xmar facilitates trade of over 100,000 mt bunker fuel in less than six months

Trade was done through more than 200 transactions in less than six months since the digital bunker trading platform’s launch, marking a major milestone for Xmar.
Xmar facilitates trade of over 100,000 mt of bunker fuel in less than six months

Digital bunker trading platform Xmar on Monday (24 March) said it has facilitated the trade of over 100,000 metric tonnes (mt) of bunker fuel through more than 200 deals, in less than six months since launching. 

The company said this achievement highlighted Xmar’s growing impact on the maritime industry, offering a modern and transparent alternative to traditional bunker fuel procurement.

Operating with a network of over 1,500 verified suppliers across 500 global ports, Xmar provides buyers with access to competitive bunker fuel offers and enhanced market reach. The platform streamlines the bunker fuel procurement process by offering real-time pricing, transparent terms, and various credit options.

“This milestone reflects the strong momentum we’re building and the value we’re delivering to the industry,” said Christoph Stork, CEO at Xmar.

“Our mission is to modernise bunker fuel trading, and hitting 100,000 metric tonnes in such a short time confirms that the market is ready for this change.”

Xmar was launched to solve the persistent inefficiencies in the bunker fuel supply chain. Through its digital-first approach, Xmar has enabled both buyers and suppliers to trade more efficiently, securely, and transparently.

As digital adoption accelerates across the maritime sector, Xmar said it is positioning itself at the forefront of a new era in bunker fuel trading. With ongoing development of new features and services, the platform aims to provide even greater value to its users, while continuing to expand its global presence.

“We are just at the beginning of our journey,” added Christoph Stork.

“Our team is focused on continuing to improve the user experience. We’re building the infrastructure for the future of bunker fuel procurement.”

Related: XMAR invites companies to join pilot phase of online bunker trading platform
Related: General Index and XMAR to integrate marine fuel pricing data into trading platform

 

Photo credit: Xmar
Published: 26 March, 2025

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