You are using an outdated browser For a better experience using this site, please upgrade to a modern web browser. Subscribe Get Daily Email Subscribe --> Contact Us Sign in Home News & Features Compliance Costs Bunker Prices Bunker Intelligence World News Latest Features World Americas EMEA Asia/Pacific Home News & Features World Shipergy Signs Energy-Adjusted Bunker Contract With European Shipowner Shipergy Signs Energy-Adjusted Bunker Contract With European Shipowner by Ship & Bunker News Team Thursday July 30, 2026 Tweet Follow @shipandbunker Daniel Rose is CEO of Shipergy. Image Credit: Shipergy Marine fuel trading firm Shipergy has signed what it believes to be the bunker industry's first procurement contract based on energy delivered rather than tonnes of fuel. The firm has signed a multi-year agreement with a European shipowner and operator to procure fuel for its fleet, with performance benchmarked in $/GJ rather than $/mt of fuel, it said in an emailed statement on Thursday. Reference energy values will be taken from Shipergy's Energy Beacon service , a tool the firm developed that gives buyers a ranked view of supplier energy content. "Each quarter, Shipergy’s achieved cost of energy delivered, calculated from actual invoice values and laboratory-measured Net Calorific Value on every delivery, is compared against the energy-adjusted market benchmark," the company said. “ Ships do not run on tonnes, they run on energy "Where Shipergy delivers a demonstrated saving, the benefit is shared between the parties under a gain-share mechanism, fully aligning the interests of buyer and supplier for the first time in bunker procurement." The first stem under the contract, a delivery of MGO at a Northwest European hub, was completed earlier this month. "The market prices fuel in dollars per tonne, but ships do not run on tonnes, they run on energy," Daniel Rose , CEO of Shipergy, said in the statement. "Two cargoes at the same price can differ by fiv