Are Biofuels a Viable Alternative for the Shipping Sector?

Some shippers are exploring the use of biofuels as the 2020 deadline approaches.
It complies to the new regulations but the cost of blending mandates a steep price rise.
Their low-temperature functionality and shorter shelf life further complicate the matter.
SWOT analysis established large scale and storage problems.
Some Mediterranean suppliers have already started using it but this requires better infrastructure and engine modules.

The International Maritime Organization (IMO) has set...