Tests expected to complete by the end of August to confirm suitability of produced oil for power and marine end-user markets as bunker fuel.
Backwardation in the Asian 180cst and 380cst HSFO markets has widened to multi-month highs, driven by higher power generation and bunker fuel demand.
Mitsubishi Shipbuilding, “K” Line, and ClassNK installs small scale CO2 capture system onboard the Corona Utility for testing during actual navigation.
Consortiums led by Keppel FELS, SeaTech and Sembcorp will research, design, build and operate fully electric harbourcraft over next five years.
Biomass tech converts trash into low-carbon fuel for planes and ships while cutting costs and supporting transportation sector, says spokeswoman.
Kawasaki Heavy Industries, Ltd., Yanmar Power Technology Co., Ltd., and Japan Engine Corporation concludes a joint venture contract on Monday.
New investment marks ‘clear demonstration’ of Fremman Capital’s commitment to a more sustainable world, says VPS spokesman.
Illegal bunkering, third-party supplies and failure to pay taxes and levies are all violations of the law and those found culpable will face punishment, says NPA...
Collaboration with Pertamina Patra Niaga to provide low sulphur 180 cSt fuel oil at Indonesia’s Sunda Strait will benefit country, says minister.
Lim Huey Ching, daughter of Lim Oon Kuin, allegedly instructed an employee to ensure deleted items from computer servers could not be recovered.