Order placed after Taiwanese shipping firm secures ‘biggest and longest’ contract commitment in operational history.
Country will offer subsidy of NTD 5,000 to all vessels using compliant marine fuel at its ports from 1 February, 2018.
The company is considering refinery upgrades on the coming 2020 sulphur cap for marine fuel.
“We have the exact same aim: Cleaner environment and a level playing field,” it says.
Several environmental and shipping organisations make joint announcement to support ban for fair competition.
Builds refinery using Eni Slurry Technology to convert refining residues into high quality light products.
Channoil Consulting took into consideration the growth of the electric and hybrid car market in their forecast.
Amendment to three rules in response to changes in international conventions and more, it says.