Bunkering Hubs To Grow Market Share As More Fuel Types Emerge

In Europe, the ports of Algeciras, Antwerp, Gibraltar and Rotterdam had LPG bunkering facilities.

The International Maritime Organization is targeting a 40% reduction in carbon intensity in the global fleet by 2030 compared with 2008 levels, and a 50% reduction in greenhouse gas emissions in the fleet by 2050.

Unlike now, when 0.5%S fuel oil is dominant since the IMO mandated a 0.5% sulfur limit in marine emissions effective Jan.

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