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Vopak to invest 40m euros to meet new marine fuel rules in 2020

The International Maritime Organization cap 2 years from now will restrict sulphur content in marine fuel to 0.5%

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Published Tue, Sep 25, 2018 · 09:50 PM

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    Singapore

    DUTCH oil and chemical storage company Vopak said it is investing 40 million euros (S$64.3 million) globally to cater for the flexibility and capacity to meet the refuelling needs of marine vessels when the International Maritime Organization's (IMO) global sulphur cap comes into force.

    The IMO cap that will kick in by 2020 will restrict sulphur content in marine fuel to 0.5 per cent.

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