
Demand for cleaner bunker fuels, including marine gasoil, in South Korea is expected to increase further, with fuel bills for shipowners likely to rise, as a result of plans to create an impending emission control area, or ECA.
South Korea is among the first few Asian countries to impose a 0.1% sulfur fuel limit on oceangoing vessels.
This comes as South Korea’s demand for cleaner fuels had already…
View entirety: S&P Global Platts