Biofuel prices likely to only increase over the next decade

Filling up ship tanks with biofuels in order to lower carbon emissions is bound to be a costly affair for shipping companies. And prices might increase in the coming decade.
Photo: Bhp/reuters/ritzau Scanpix
Photo: Bhp/reuters/ritzau Scanpix

Not only is the availability of biofuel low – not to mention that carriers must be very attentive to ensure that it even counts as green – it will also be expensive to fill up ship tanks with the fuel.

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