Astomos Energy Corporation and Elgas Limited have signed a Memorandum of Understanding to study the use of liquefied petroleum gas as a marine fuel.
- MoU will facilitate further study into the feasibility of using LPG on ships to enable them to comply with the IMO’s 2020 global sulphur cap of 0.5%.
- MoU will increase cooperation between Astomos and Elgas for LPG bunkering within Asia Pacific specifically.
- Astomos and Elgas have developed a strong business relationship in the field of seaborne LPG trading over the past few years and this MoU will aim to strengthen this relationship.
Read more on the press release.
Fathom-News
editor@fathom-mi.com
