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‘Green’ marine fuels could cost less than oil bunkers from 2035: Wartsila

March 22, 2024 Comments Off

Sustainable marine fuels could become cheaper than conventional, oil-based bunkers from 2035 when greenhouse gas emissions regulations like carbon pricing mechanisms are taken into account, Finnish technology firm Wartsila said March 21. The EU has extended its Emissions Trading System to include maritime transportation from this year, with 40% coverage of emissions from shipping companies in voyages involving the bloc…