Firm in December entered into $42.4 million hybrid scrubber manufacturing agreement for 28 of its vessels.
Publishes analysis: ‘The Effects of Changes to Marine Fuel Sulfur Limits in 2020 on Energy Markets’.
Ecoslops’ unit to regenerate oil residues at Total’s La Mède complex scheduled to come on stream in late 2019.
Market participants express concern whether Brazil-bound vessels will be fined for having HSFO onboard.
“While Platts Ocean Intelligence, covering marine credit risk analysis, does have long-term users, its customer base has declined over recent years,” says spokesman.
There may be more than meets the eye from Elhiblu 1 incident, suggests maritime risk agency Windward.
Spill took place during unloading operations in the Global Marine New York Container Terminal on Friday.
HSFO used in demonstration process has been reduced from 1.72% sulphur content to 0.38%, it confirms.
‘We are very pleased to receive this first order from Sembcorp Marine,’ said Chairman and CEO of GTT.
Double Rich encountered loss of US $1.8 million in operations for FY 2018 due to slump in Q4 oil prices.