Wood Mackenzie expects a large shortage of very low sulphur fuels in Asia
A recent report from Wood Mackenzie predicts very low sulphur fuels to cost about $200 per tonne more than high-sulphur fuels as a result of IMO regulations. Given the huge demand for bunker fuels in Asia, the report also predicts large shortages of fuels with less than 0.5% sulphur content
Despite increased production of compliant fuels, Asia’s huge demand for bunker fuels will pose a challenge
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