Shanghai International Shipping Green Fuel Trading Platform Launches Trial Operation

According to Golden Ten Data on June 30, at the “Shanghai International Shipping Green Fuel Sustainable Development Conference,” the co-construction cooperation agreement for the “Green Marine Fuel International Certification System Affairs Center” was officially signed, and China’s independently developed GSTC Green Marine Fuel International Certification System officially commenced operations in Shanghai. This move fills the domestic gap in independent international certification of shipping green fuels and serves as a core support for Shanghai’s effort to build itself into an international shipping center. Meanwhile, the Shanghai International Shipping Green Fuel Trading Platform has officially begun trial operations. The platform will pilot a full closed-loop process including green fuel certification confirmation, registration, trading, settlement, and cancellation. This aims to cultivate a globally influential green fuel “Shanghai Price,” and enhance Shanghai’s global resource coordination capabilities as an international shipping center.