China’s exports of low sulfur marine fuel in March rose 57% on year to the second-highest monthly level on record, says an article on Reuters.
Information regarding ExportsMarch exports reached 1.68 million tonnes, extending strong growth in the first two months of the year when volumes doubled on an annual basis, customs data showed.
To promote low-sulfur fuelThe Chinese government last year started granting tax incentives to prompt production and exports of very low-sulfur fuel oil (VLSFO). The...
https://mfame.guru/marine-fuel-exports-2nd-highest-on-record/