China pulls bunker demand from other Asian ports as competition grows

Capt. John

Lower bunker fuel prices in China following tax changes last year that have underpinned a ramp-up in production are drawing demand away from the key regional bunkering hub of Singapore and other ports across the region, according to market sources. “Prices are so low [in China] there is no reason...

https://www.hellenicshippingnews.com/china-pulls-bunker-demand-from-other-asian-ports-as-competition-grows/

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