Parties involved were PAS Marine, Pavilion Gas, Leedon NOX, PaxOcean Shipyard and Jurong Port Group.
Energy required to produce distillates results in higher levels of CO2 being released into the atmosphere.
Agreement will evaluate and develop a potential MSAR project at one of the counterparty's refineries.
JV will act as exclusive purchaser of marine fuels for Trafigura, Frontline, Golden Ocean and certain entities.
61-tank facility will have storage capacity of 1.20 million m3 supported by seven berths and two jetties.
The bunkering firm’s UAE branch organised the supply of 380 cSt grade to the 15,091 dwt chemical tanker at Sharjah Anchorage during September 2018.
The amount of bunkers sold at the port totalled 27.59 million mt from January to July, 6.1% down on year.
Hapag-Lloyd explains the rationale a $30 million LNG engine conversion plan for the 15,000 TEU Sajir.
Gas scrubber demand is still strong for those companies with huge production capacity, says scrubber firm.
The first objective for e5 Lab will be to build the world's first zero-emission tanker by mid-2021, they say.
