Shipowners’ demand for ‘cheapest compliant fuel’ suggests a potentially more competitive and shrinking market for LSFO, forecasts Choong Sheen Mao, COO at Equatorial.
A key challenge to maritime decarbonization is the uncertainty of short-term regulations. Without certainty of how to comply and with the high cost for adopting new technologies or marine fuels,
FuelBoss, a subsidiary of DNV, and Singapore bunker supplier Equatorial Marine Fuel Management Services (EMF) on Friday (19 April) signed a Memorandum of Understanding (MoU) to further develop digital bunkering