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2025-12-15 04:36:52 -

Marine Fuel Market to Hit USD 183.2 Billion by 2033

The marine fuel market, a cornerstone of global trade and shipping, is undergoing a transformation shaped by sustainability mandates, fluctuating oil prices, and evolving fuel technologies. Marine fuel, ranging from heavy fuel oil (HFO) and marine gas oil (MGO) to emerging alternatives such as LNG, biofuels, and methanol, powers the shipping vessels responsible for transporting nearly 90% of...

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