Country will offer provide special privileges for refineries to encourage low-sulphur fuel production.
The range of several factors such as fuel storage, handling, and engine types make it impractical for setting limits, explains the Group Managing Director of VPS.
Brightoil 319, Brightoil 326, Brightoil 329, Brightoil 639, Brightoil 666, Brightoil 688 arrested on Wednesday.
By 2025, there will be 140 LNG-fuelled vessels ordered from small and medium-sized shipbuilders.
Examination of 2013 financial report identifies ‘significant deficiencies in the work performed’, it says.
Compliance deadline coming fast, but shipping industry is still quite indecisive on which measures to take.
Wärtsilä 31 engine holds Guinness World Record as the most effective medium-speed diesel engine.
Suspends intended sale of 15 vessels; to start charter arrangements with Shell Trading; enters preliminary discussions with People's Bank of China.
Subject to merger clearance, the deal is expected to be formally concluded on December 31, 2018.
Aegean did not file a written request within the specified time period to contest decision, said NYSE.
