Shipping firm looking to use technology to share marine fuel test results at various points in bunker supply chain.
Escalating bunker cost situation has now reached the point at which ONE is ‘forced to respond’.
European Commission agrees the whole maritime chain should be involved in GHG reduction.
‘The important thing now is to ensure consistent implementation of the requirement,’ says Secretary-General.
‘Questions certainly need to be asked about what took place,’ Managing Analyst tells Manifold Times.
Mitsubishi Heavy Industries will conduct a demonstration test project on a large vessel, it says.
Vessel designed with barge-like extended flat surface to maximise vessel compatibility.
Company will design, build and operate a fleet of modern, eco-friendly LNG bunkering vessels, it says.
But highlights lack of infrastructure holding back adoption of the product as bunker fuel.
Expands fleet size and assets base from the current two vessels to nine; with yearly profit guarantee of approximately RM2.75 million for next two financial years.
