Commits to North West Europe bunkering firm Varo Energy’s intention to float on Euronext Amsterdam.
Deployment of all known technologies can reduce CO2 emissions between 82 to 95% below 2035 target.
VLOC design is optimised for trade route between North West Australia and North Asia.
Parent firm Grindrod cuts losses by more than half, exits rail business, considers listing shipping division on NYSE.
Oil and product tankers are scheduled for delivery from October 2018 to 2019, it says.
Technical partners Techelec, Schneider Electric, ABB, Actemium and Siemens to be involved with project.
‘Or risk having no IMO CO2 strategy at all,’ says Chairman, Esben Poulsson.
Technology to save each shuttle tanker over 3,000 mt of fuel each year, says Wartsila.
Several LNG bunkering facilities currently under construction, with some already operational, says researcher.
The bunker tanker Explorer was involved in a collision with Samudra Indah on Thursday.
