China firms stock up cleaner shipping fuel overseas ahead of new emission rules

Chinese marine fuel suppliers have signed up short-term deals to buy very low-sulphur fuel oil from companies like oil major Shell, Germany's Uniper and U.S. commodities trader Freepoint ahead of a new standard on emissions for the global shipping industry that kicks in on Jan. 1.

from Reuters: Environment https://ift.tt/2Z9ufJd