Significant increase in biofuel usage to meet GHG reduction targets

The latest FOBAS Fuel Insight Report highlights rising biofuel uptake, ongoing issues with off-specification fuels and the impact of new regulatory measures. The latest analysis from Lloyd’s Register’s Fuel Oil Bunkering Analysis and Advisory Service (FOBAS) highlights a significant increase in biofuel usage, primarily driven by EU and IMO regulations, including the Mediterranean SOx (Sulphur …

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