The Dynamics of VLSFO Pricing: Trends and Implications in the Global Maritime Sector
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Introduction Overview of VLSFO Very Low Sulfur Fuel Oil (VLSFO) is a type of marine fuel oil that contains a maximum sulfur content of 0.5% by weight. It was developed in response to stricter environmental regulations aimed at reducing sulfur emissions from ships. Before the introduction of VLSFO, ships primarily used High Sulfur Fuel Oil […]