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Shipping lines now have to look even further ahead when buying alternative fuels, instead of the short-term vision adopted when conventional fuel oil was burned.
Ocean Network Express’ (ONE) deputy general manager of fuel Richard Ho (above) disclosed at the Marine Fuels 360 conference in Singapore this week that the uncertainties surrounding the availability of various alternative fuels meant that ship operators had to think longer-term as the world moves towards decarbonisation by 2050.
Mr Ho said: “We used to be looking ...
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