Use of hydropower, rather than gas turbines employed by other LNG production plants, significantly reduces GHG emissions by a-third, according to study by Sphera.
Hafnia added it will also provide and operate purpose-built next-generation methanol dual-fuelled ships to transport one-third of the methanol volume produced by the plant.
Shengli’s storage and transportation system have been adjusted to ensure the low-sulfur crude oil can be transported directly to the Dongying crude oil depot, it said.
Emissions caused by producing low-sulphur bunker fuels for ships are higher, depending on the quality of the low-sulphur fuel, the refinery and the crude oil slate,...
National Bank of Fujairah is looking to recover the outstanding amount of USD 2 million from a USD 11 million loan taken out in 2015 by...
FuelOpt™ achieves fuel savings by controlling vessel propulsion and this removes costly variations in speed and power caused by human operational factors, said Lean Marine.
IINO Lines conducted GHG assertions from April 2018 to March 2019, quantifying emissions from its fleet, and ClassNK conducted the verification according to ISO 14064-3.
The application is in relation to an alleged unpaid amount of USD 268,095.42, pursuant to a deed of guarantee allegedly signed by the company, it said.
The application was filed by CIMB Bank Singapore in June, as the bank looked to recover USD 105 million from Hontop; RSM Corporate Advisory appointed Judicial...
The winding up application is directed to be heard at the High Court of the Republic of Singapore at 10.00 am on Monday 28 September.