Bunker prices are showing fluctuations as the maritime sector comes to terms with the new sulphur regulations, reducing sulphur in fuels to 0.5%, globally, except in emission control areas, where the sulphur limit is 0.1%.
Both the Northern European and North American regions showed increases of US$9.75 and US$7.00 per tonne respectively for 380 HFO Asia and Oceania saw a more modest increase of US$1.67. Southern Europe saw a decline of US$2 and South America and Africa and the Middle East the...