- Chinese ports handle nearly a third of global container traffic and have the largest merchant fleet in the world in terms of the number of ships owned.
- China plays a surprisingly small role in bonded bunkering – the provision of fuel sold tax-free to ships traveling between countries across international waters.
- Rotterdam and Fujairah sold under 10 million mt last year and in comparison, China’s total bunker fuel demand is about 12 million mt/year across all its ports.
- In June, 0.5% sulfur...
http://mfame.guru/imo-2020-a-new-opportunity-for-chinas-bunker-fuel-sector/