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Using an abundant, if toxic, resource to power the maritime fleet. A mature future fuel already in use - but will it become dominant? Numerous NGOs protested against the IMO earlier this year putting biofuels in its Global Fuel Standard, but the “fuel versus food” debate seems to have been solved by deriving fuels from waste. Technically the cleanest possible fuel source available to the maritime world and one that has the longest history, dating back to the 1950s. Why is it not in common, non-military use? LNG is currently the most popular lower carbon fuel, but with bio and e-LNG it could move beyond its current transition fuel status supported by extensive existing infrastructure. Read More Read More Read More Read More Read More
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CIMC buys stake in Yantai Raffles
2008-03-14T00:00:00
Brian Chang, chairman of Yantai Raffles Shipyard Limited (YRSL) has signed an agreement to sell approximately 29.9% of YRSL's issued share capital to China International Marine Containers (Group). The deal, valued at $566m, is slated for completion in third quarter of this year and is conditional upon CIMC obtaining necessary ...
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