Bunkerworld: China’s Bunker Market Needs Reform
“China’s bunker industry needs further reform if sales in mainland ports are to reach their potential, according to an independent energy consulting and brokerage company. ‘In China, until customs import product pricing restrictions are eased and bunkering companies competition appears, containership companies seem more likely to bunker at foreign ports such as Singapore,’ said Poten & Partners. It has published new research – Outlook Through 2020: Chinese Growth and Implications for the Broader Tanker Market – in which it analyses growth in container traffic and growth in bunker sales.”
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