INTERVIEW: Bunker industry gearing up for de-commoditization as shipping decarbonizes

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The bunker industry is set to undergo de-commoditization as it transitions toward a cost-plus model, fundamentally altering market relationships and putting more focus on cleaner energy solutions than ever before as the shipping industry adapts to a multi-fuel future, an industry consultant said. Shipowners will seek different fuels for different ships and different routes, with ships being designed and built…