The Business Times
SUBSCRIBERS

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%

Published Tue, Sep 25, 2018 · 09:50 PM
Share this article.

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 c…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here