2025: The year of digital procurement in bunkering
The shipping industry is experiencing a digital revolution, and 2025 is set to mark a turning point in how fuel procurement teams operate. With marine fuel costs on the rise and the adoption of future fuels accelerating, digital tools are becoming essential for driving efficiencies and reducing costs.
A growing trend in digital procurement
Over the past year, AuctionConnect has witnessed significant growth in the adoption of its digital auction platform. Procurement teams are increasingly leveraging the platform’s capabilities not just to secure lower fuel prices but also to improve planning, streamline negotiations, and collect valuable data for strategic decision-making.
One notable trend is the impact of early planning. Auctions run a week ahead of the anticipated bunkering date are yielding prices that are $1–2 per tonne lower than those conducted closer to the actual bunkering time. This small adjustment in timing can lead to substantial savings for shipping companies.
Simplifying procurement with proven technology
Historically, the procurement and transaction phases of the bunkering supply chain have lagged in digital adoption. However, this is beginning to change. AuctionConnect’s plug-and-play solution integrates seamlessly with existing digital systems, requiring no upfront investment in time or money. By enabling suppliers to bid competitively in real-time, the platform fosters transparency and drives significant cost reductions.
Procurement teams retain full control over the process, inviting trusted suppliers to participate. Auctions last just 20 minutes on average, during which suppliers can monitor bids, receive notifications if outbid, and submit counteroffers—all while maintaining bidder anonymity. The built-in chat function also supports direct communication, preserving the critical relationships that underpin effective bunkering operations.
Mindset shifts drive industry progress
As the shipping industry becomes increasingly complex, digital solutions are proving their value across all areas of operation.
“While the traditional methods of procurement and the importance of the relationship between buyer and supplier will always exist, we are seeing how simple technology solutions can significantly enhance how things are done and deliver valuable commercial
— Per Funch-Nielsen, Director at AuctionConnect
This mindset shift is helping procurement teams adopt technology that simplifies their workflows, reduces costs, and ensures they are well-equipped to navigate the challenges of rising fuel costs and a greener shipping future.
Are you ready to embrace the future of digital procurement? Discover how AuctionConnect can transform your fuel procurement strategy and deliver meaningful cost savings.
