By Jack Wittels (Bloomberg) — Shipping’s global regulator ruled that vessels must slash the sulfur content of fuel used for voyages in the Mediterranean Sea, as part of wider efforts to.
Ship Regulator Clamps Down on Dirty Fuel in Mediterranean ajot.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ajot.com Daily Mail and Mail on Sunday newspapers.
Scrubbers will likely continue to play a significant role in the marine fuel mix over the near-to-medium term despite the global push for cleaner fuels, with the latest results from Dorian LPG’s scrubber operations showing a 48% capital expenditure payback. “Fuel spreads during Q4 2022 [October-December] widened between LSFO [low sulfur fuel oil] and HSFO .
Bunker supplier KPI OceanConnect is targeting 8% growth in its global traded volumes in 2022, about twice that of the whole industry, company CEO Soren Holl told S&P Global Platts in an interview Jan. 31 The 8% target is in line with its figure for 2021 and compares with the growth of 3%-5% that the .