Total investment in project to introduce LNG bunkering, amongst other activities, around EUR 14 million.
GloMEEP training course, the first of its kind, was hosted by the China Maritime Safety Administration.
Offers opinion to support recent CIMAC statement on cause of contaminated marine fuel at Houston.
Locally designed and built PSV to start construction in January 2019 with delivery by December 2020.
Forward markets indicate bunker prices will increase by a further 4.9% in Q4 2018 compared to Q3 2018.
Bunker fuel prices reached $445 per metric tonne in the third quarter, up from $311 from a year earlier.
Bunker prices continuing to increase since fourth quarter of 2017, even though freight rates are recovering.
CEO concerned on quality and availability of marine fuel outside bunkering hubs moving closer to 2020.
Zhang Jianhua took over ex-Petrochina Director and President Wang Dongjin who resigned in April.
Compliance challenges for owners and charterers, and issues IMO faces in enforcing Regulation 14.1.3.
