German Bunker Company: Sulphur regulations will spark consolidation

The bunker industry can expect to undergo further consolidation in preliminary stage to 2020, according to global supplier Bomin Group. Due to the upcoming sulphur regulations costs and test credit lines will increase. As a consequence smaller bunker traders could be devoured by larger players across the industry as greater costs for fuel will put pressure on credit conditions across both the bunker and shipping industries.

Read more here: ShippingWatch