ENGINE: Vibra halts VLSFO bunker fuel supply in Brazilian ports
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Company said it faced several challenges since starting bunkering operations in the region and decided to end the project to focus on other opportunities.
Brazilian fuel supplier Vibra has announced it will cease offering VLSFO at Vila do Conde and Belém.
The company said it faced several challenges since starting bunkering operations in the region and decided to end the project to focus on other opportunities.
The market in Vila do Conde and Belém remains competitive. However, pricing pressures in the region have made it increasingly difficult for some players to sustain operations, a source says.
By Debarati Bhattacharjee
Photo credit: Marisa Cornelsen on Unsplash
Source: ENGINE
Published: 2 December, 2024
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