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INSIGHTS
One Heart, One Vision, Empowering Global Marine Decarbonization.
INSIGHTS
One Heart, One Vision, Empowering Global Marine Decarbonization.
The Current State and Future Development Trends of Bio-Marine Fuel
As the global shipping industry increasingly focuses on sustainability, bio-marine fuel has emerged as a key driver of green shipping. In the face of global carbon neutrality goals and strict emission standards set by the International Maritime Organization (IMO), bio-marine fuel is becoming a crucial alternative to traditional fossil fuels due to its low carbon footprint and environmental benefits. This article explores the current status, mainstream fuel types, market share, and future trends
The Cancellation of UCO Export Tax Rebate Policy Will Have Far-Reaching Impacts on Related Industries
On November 15, 2024, the Ministry of Finance and the State Administration of Taxation issued a notice on adjusting the export tax rebate policy. The announcement states that, starting December 1, 2024, the export tax rebate policy for used cooking oil (UCO) will be canceled. This policy change aims to increase export costs, reduce the international competitiveness of related products, and promote the development of domestic industries.
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Recent News
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