BIMCO and WSC warned that the US proposed fees on Chinese-origin vessels will ultimately harm the US economy.
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Ship & Bunker's G20-VLSFO Index gained $3/mt to $555.50/mt on Tuesday, reaching its highest level since March 6.
Out of the 300 container ships in its fleet, up to 50 of them are already using biofuel blends and bio-LNG.