China’s latest move to increase fuel oil export quotas for this year bodes well for its ambition to further develop itself as a bunkering hub and to stymie competition from other Asian ports, with more generous export quota allowances likely to follow this year and fuel further growth despite COVID-19-related hurdles, industry sources said. China’s …
The post China’s latest quota allocation fuels local bunkering prospects: sources first appeared on Hellenic Shipping News Worldwide.