The system uses GSBN's blockchain-enabled network to trace the link between a fuel's proof of sustainability certificate issued to the buyer and the green certificates issued to the seller.
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Ship & Bunker's G20-VLSFO Index gained $0.50/mt to $672.50/mt on Monday, adding to the previous day's gain of the same size.
The incident happened 72 nautical miles south-east of Djibouti at about 9 AM UTC on Wednesday.