In less than a month, China is set to tighten its sulfur limit restrictions for ships by imposing a 0.5% bunker fuel sulfur limit in not only its initially designated Emission Control Areas but also along its entire coastline, a move likely to spur demand for cleaner fuels, industry sources said.  “The policy will further support demand for LSMGO,” a bunker trader with state-owned Chinese trader, Sinochem, told S&P Global Platts. Low sulfur fuel oil demand is also set for a significant rise, thanks to the new rule, sources said. China’s apparent demand for low sulfur marine gasoil is expected to rise 32% year on year to […]