A variety of companies have entered a MOU to develop and promote the country as a LPG ship bunkering hub.
The lower sulphur cap for marine fuel will provide refiners with higher margins, says earnings statement.
Company seeks to make IPO in mid-2018 with expected chartered capital of $630 million.
MOL to operate LNG-fuelled tug boat, establish LNG bunker fuel supply system with Osaka Gas.
“K” Line, Chubu Electric Power, Toyota Tsusho and NYK Line planning to supply LNG bunker fuel at Japan’s Chubu region.
The pontoon is the first of its kind in Europe, and supports growth of the Amsterdam LNG bunkering market.
Malaysia-listed MISC subsidiary AET Tankers also expects delivery of first LNG-fuelled DPII shuttle tankers in 2019.
The CMA CGM Antoine De Saint Exupery a strong symbol of the group’s dynamism and development, it says.
The Malaysia registered MT Aliya Sari was found illegally berthed near Pulau Duyong marina jetty at Terengganu in Malaysia.
The total amount of bunker fuel stolen has broken the SGD $6 million mark.
