Comprehensive bunkering solutions
Minerva provides marine fuel solutions that power our customers’ fleets efficiently, cost effectively, and safely.
Through a combination of global supply capability, trading expertise and integrated logistics, we deliver reliable, transparent and fully integrated supply across all major shipping markets.
Our solutions
More than fuel supply
Minerva delivers integrated marine fuel solutions that combine global supply, trading expertise and operational capability.
Our services are designed to give customers greater control, reduced risk and improved efficiency across the full bunkering value chain.
Integrated physical supply
Full control across the supply chain
Our supply chain delivers refined marine fuels and gasoil to vessels across all major shipping segments, including container ships, dry bulk carriers, cruise ships, oil tankers and ferries, both in port and at sea—ensuring consistent supply wherever our customers operate.
Minerva manages more than 35 million tonnes of marine fuels annually through a fully integrated global supply system. This includes proprietary blending, refinery offtake agreements, tolling production and spot cargo trading—giving us direct control over sourcing, quality and delivery.
By managing the full value chain from refinery gate to ship flange, we ensure consistent fuel specification, reduce operational risk and deliver fuel at a lower all-in cost.
Quality is paramount. The fuel we supply to our customers is the same that powers our own operations, supported by rigorous testing, monitoring and control across all locations.
Supply chain advantage
End to end control
We manage sourcing, storage and delivery across the full supply chain.
Lower cost, reduced risk
Integrated operations allow us to optimise pricing and minimise performance risk.
Consistent quality
Fuel is tested, monitored and controlled throughout every stage of delivery.
Global bunker trading
Global sourcing, local supply
Minerva’s global trading network enables us to source marine fuels across all major markets, combining local market insight with global reach to ensure consistent availability and competitive pricing.
We optimise sourcing across a global network of refineries, traders and producers to deliver on-spec fuel in the most efficient and cost-effective way. Our integrated approach allows us to respond quickly to market conditions while maintaining consistent quality and supply.
Through our integration with Mercuria Energy Group, one of the world’s largest energy traders, we have access to deep liquidity, extensive market intelligence and a wide range of supply options across all major fuel markets.
Trading capabilities
Sources
Refineries
Traders
Oil producers
Fuel grades
Marine gasoil
Low sulphur fuel oil
High sulphur fuel oil
Supply
Long-term contracts
Tolling production
Spot cargoes
Flexibility, quality and control through owned assets
Minerva operates a network of bunkering vessels and storage terminals that provides full control and transparency across the delivery process, ensuring consistent quality and flexible supply to our customers’ vessels.
Owning and operating terminal infrastructure is critical to maintaining fuel quality and enabling flexibility in delivery. Our storage network allows us to optimise supply timing, manage inventory effectively and respond quickly to changing customer requirements.
Our bunkering vessels are purpose-built for efficient and reliable delivery across a wide range of operating environments. Through our MM Marine division, these assets are managed to the highest standards of safety, maintenance and operational performance, ensuring consistent execution at every stage of the delivery process.
20+ years of expertise
30+ major ports
40+ vessels
Bespoke client solutions
Tailored solutions across the bunkering value chain
Minerva provides tailored solutions that go beyond traditional bunkering, helping customers manage cost, risk and operational complexity across their fuel procurement activities.
We work closely with customers to structure pricing and supply strategies that align with their operational requirements. This includes fixed and index-linked pricing, multi-port lifting optionality and integrated logistics packages that provide greater visibility and control across the supply chain.
Through our integration with Mercuria, we also offer flexible financing solutions, including working capital support, asset financing and tailored credit structures. This allows customers to optimise cash flow, reduce capital constraints and improve overall operational efficiency.
600+ customers
1000+ counterparties
Fuel price risk management
Protect your margins, simplify fuel hedging
Fuel price volatility can materially impact voyage economics. With bunker costs often representing 40–60% of operating expenses, managing price risk is critical to protecting vessel earnings and securing budget certainty.
Minerva’s Fuel Price Risk Management service combines our physical supply expertise with market-leading financial capabilities from Mercuria to create a complete, straightforward solution.
Unlike traditional hedging, our integrated approach allows customers to secure predictable fuel costs without the complexity of separate broker agreements, clearing accounts or significant margin requirements.
Whether locking in fixed prices months ahead, capping exposure to price spikes or tailoring index-linked strategies to voyage schedules, Minerva provides operational simplicity and transparency from trade through to settlement. Our dedicated risk management team works closely with customers to design appropriate strategies, execute hedges efficiently and monitor positions in real time.
Key benefits
Budget certainty
Lock in fuel costs for accurate voyage planning and negotiations.
Global Market Intelligence
Access to multiple benchmarks with worldwide supply integration.
Operational Simplicity
No complex broker agreements or clearing accounts.
Trusted Partnership
Backed by Mercuria’s financial strength and Minerva’s operational expertise.
Risk Protection
Tailored hedging strategies to protect margins from price volatility.
By combining physical supply excellence with advanced financial tools, Minerva helps shipowners and operators mitigate market volatility, protect margins, and plan for the future with confidence.
Ready to protect your margins?
Talk to us about integrating Fuel Price Risk Management into your bunker strategy.
Advanced metering, blockchain and smart contracts
Modern bunkering is more than just supplying fuel. Minerva is deploying technology to support the industry’s evolution and to meet the changing needs of modern global shipping.
ADP is available to all customers and offers ship operators complete transparency over the quality and quantity of fuel they purchase combined with the efficiency and significant time savings of a fully digital bunkering process. The integrated hardware and software solution facilitates seamless operations on-board and provides insight into all attributes of the bunkering transaction, viewable in real-time and from anywhere via the ADP Online customer portal.
Increasing the efficiency of marine transport can help reduce emissions. Blockchain technology can help digitize procedures and sharing of data, increasing efficiency and giving greater supply chain visibility. The use of smart contracts increases operational efficiency and reduces the changes of paperwork errors. Using automation can streamline work processes and simplify verifications of sanctions and filings on vessels and counterparties. Compliance is also enhanced as document are submitted automatically and audit trails maintained on the blockchain.
Environmental Solutions
Helping our customers minimize their impact on the world
With the evolving environmental regulations and the transition to lower carbon intensity, it can be difficult for ship owners to manage their environmental impact. There are many ways in which Minerva helps customers, for example, we can provide slops collection services compliant with MARPOL Annex I and offer long-term LNG bunker supply agreements.
Our global client base of ship owners and operators is increasingly seeking to reduce the emissions intensity of their operations as well as provide carbon-neutral freight services to their own customers.
In order to really make substantial changes to protect our oceans, we need to fully understand the impact that different factors have on them. As such, we are proud to be contributing emissions data from the Minerva fleet to the Ocean Data Platform initiative.
Minerva is committed to accelerating the industry’s transition to a low carbon future, and by leveraging Mercuria’s expertise in emissions trading, we are able to offer customers carbon offsetting to mitigate carbon emissions associated with the bunker fuel they consume.