INSIGHT: VPS 2023 Marine Bunker Fuels Review
2023 saw the continuing evolution and the widening of available maritime fuel types and grades.
Stay updated with breaking news from Quantity Matters. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
2023 saw the continuing evolution and the widening of available maritime fuel types and grades.
Q4's total was down by 11.3% from the previous quarter, by 27.9% from Q4 2022 and the lowest quarterly figure since Q3 2019.
Testing firm Maritec Pte Ltd has warned of samples showing low-flashpoint bunker fuels being offered for sale in Indonesia.
Panama's November total was down by 7.5% from a year earlier, by 12% from October's level and the lowest monthly total since September 2022.
The most recent sample with a confirmed problem that the firm has seen was bunkered in mid-October.