China is reshaping global shipping fuel markets by taking advantage of its booming maritime trade and massive refining capacity to undercut rivals from Singapore to South Korea and become the world’s fastest-growing major marine fuel hub. China’s rising influence in marine fuels, globally worth over $100 billion a year, has been made possible by a …
The post China’s growing bunker fuel market squeezes out N. Asian competitors first appeared on Hellenic Shipping News Worldwide.
Author: Capt....