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July's total was up by 9.3% from July 2022, by 14.9% from June's level and just short of the 4.52 million mt seen in May, which had been the highest monthly figure since January 2018.
The latest data from Maersk add to evidence that conventional bunker demand may have peaked.
The firm sold 4.2 million mt of bunker fuel in Q2, its lowest total since the second quarter of 2020.
The firm sold 4.2 million mt of bunker fuel in Q2, its lowest total since the second quarter of 2020.
We may have already reached the peak for global fossil fuel bunker demand, Bunker Holding CEO Keld Demant tells Ship & Bunker.