Sulphur cap to drive up marine fuel market value by 30%
Climate change agenda red tape is forcing international shipping to ditch residual fuel for cleaner-burning but higher-cost alternatives. This will drive up the per-tonne transacted price and expand the size of global marine fuel market, according to Glander International Bunkering
The red tape being imposed on the shipping industry in January 2020 is expected to push up the price of marine fuel