Global Shipping Faces “perfect storm” – leading bunker supplier warns of supply squeeze and hidden fines as route diversions collide with regulations

As Red Sea hostilities continue to force widespread maritime diversions around the Cape of Good Hope, leading bunker company Peninsula is warning of a “perfect storm” for global tanker operators. The unprecedented surge in tonne-mile demand is now intersecting with stringent Mediterranean emissions regulations, threatening to more than double operational costs and severely tighten bunker …

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