China Marine Bunker (Petrochina) Co Ltd (Chimbusco) on Wednesday (18 September) said it signed a strategic cooperation framework agreement in Dalian with China Shipping & Sinopec Suppliers Co Ltd (Sinobunker) and Liaoning Port Group.
The three companies agreed to jointly build a Northeast Asia bunkering hub, jointly promote the construction of green ports and green shipping in Dalian Northeast Asia International Shipping Center and create a new business model for green bunker fuels.
The parties will rely on the green energy advantages of the Northeast region and the hinterland of eastern Inner Mongolia, such as the rich wind power, photovoltaic resources and biomass.
The agreement will give full play to the advantageous resources of Chimbusco and Sinobunker and the port resource advantages of Liaoning Port Group.
The three parties are committed to jointly building a green bunker fuel supply chain for shipping and jointly establishing a strategic partnership.
Disclaimer: The above article published by Manifold Times was sourced from China’s domestic market through a local correspondent. While considerable efforts have been taken to verify its accuracy through a professional translator and processed from sources believed to be reliable, no warranty is made regarding the accuracy, completeness and reliability of any information.
Photo credit: Chimbusco
Published: 19 September, 2024
