Chinese rival challenges Singapore for bunkering business
Senior local commodity trading official Bei Luguo has explained why the Chinese harbor city has the potential to challenge Singapore’s position as the world’s largest bunkering hub, or even the Asian maritime centre in future. Tax rebate for Chinese producers to export their compliant fuel products in the run-up to IMO’s 2020 sulphur requirements will be a key factor to increase the price competitiveness of Zhoushan
On Monday, Lloyd’s List will publish the counter view from Singapore in which we will explore why it is difficult to contest the Lion City's leadership
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