Asia’s LSFO market set for strong year on China’s growth as refueling destination

The Asian low sulfur fuel oil market will enter 2022 on a firm footing that was likely to continue for much of the year due to the emergence of China as a major ship refueling destination. The optimistic outlook comes despite concerns surrounding the potential for demand destruction by the fast-spreading COVID-19 omicron variant. Even …

The post Asia’s LSFO market set for strong year on China’s growth as refueling destination first appeared on Hellenic Shipping News Worldwide.

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