Shore power. File Image / Image Credit: Ship & Bunker
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The firm is ramping up its presence as a key green methanol bunker supplier in Asia.
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Ship & Bunker's G20-VLSFO Index lost $9/mt to $515/mt on Wednesday, reaching its lowest level since August 2021.
China, South Africa and Brazil are expected to hold firm against a carbon levy at the upcoming series of IMO meetings.