Firm to invest 90 million euros in fast ferry, which is scheduled to enter into service in summer of 2020.
Two separate LNG fuel bunkering systems are designed high redundancy and flexibility in operations.
‘The idea that we can decarbonise transport with renewable gas is a pipedream,’ says spokesman.
Entered into LNG marine fuel contract with Nauticor on Thursday for two LNG-powered bulk carriers.
Marine segment generated third quarter gross profit of $43 million, an increase of $13 million on year.
Tan Wee Beng, a director and significant shareholder of Wee Tiong (S) Pte Ltd, now wanted by the FBI.
European Commission and REMPEC also studying the impact of ECAs in the Mediterranean Sea.
The maritime accident saw 530 m3 of marine fuel released into surrounding waters, says authority.
IMO 2020 developments ‘making marine fuels more similar to the road fuels’, says Chief Executive.
‘The ship has sailed and the destination is 2020,’ says International Bunker Industry Association.