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Bunkers, busts, blame and blockchain

Given the higher costs of new industry-compliant marine fuel, there will be those who will try to cheat the system or play the blame game, but blockchain holds a solution

LAST month the World Shipping Council (WSC), BIMCO, the Cruise Lines International Association (CLIA), and the International Parcel Tankers Association (IPTA) asked all maritime countries to strictly enforce the 0.50 per cent global sulphur cap for marine fuel.

The shipping industry...

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