Bunker Fuel Market: Segmentation and a Global Scenario: Transparency Market Research
Bunker fuel market is the provider of fuel oil consumed by ship vessels, and is especially important for the shipping industry. The facts that ships will continue to consume fossil fuels until the day this industry ceases, and that bunkers fuel costs form nearly 70% part of a ship's running costs, including daily running and voyage costs, makes the bunker fuel market highly important for the global shipping industry. Any fluctuation in prices of fossil fuels has a direct effect...
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