China's Sinopec Corp is reportedly planning to assemble a 100-barge fleet to help it supply low-sulphur fuel oil (LSFO).
A Chinese shipping executive told Reuters that the units will be constructed over the next three years to supply bunkers.
"To match Sinopec's goal of supplying 10m tonnes of IMO-compliant fuel next year and 15m tonnes in 2023, it must have a fleet of its own," said the source.