Marine Fuels Market on the Rise in Brazil
By Rafael BortolotiOctober 03, 2024 at 05:40 PM1 min read
The Brazilian marine fuels market is booming! Over the past few years, Bunker One has grown, with new operations and equipment. Meanwhile, Monjasa and local heavyweights Ipiranga, Raízen with a recently deployed new dedicated barge and Vibra (formerly BR Distribuidora) have jumped into the action, showing just how critical this market has become.
With Efen (formerly NFX) leading the way as the first company to deploy dedicated PSVs for Marine Gasoil (MGO) clients directly offshore; and with the growing demand for VLSFO (Very Low Sulphur Fuel Oil) and MGO, all major players are expanding their operations and seeking additional tonnage.
Want to know more? Stay tuned!
This article was produced by Westhon Media for One Energy News.