Banyan Terminal News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Advertisement ITOCHU Corp., headquartered in Minato-ku, Tokyo, ITOCHU ENEX Co. Ltd, Vopak Terminals Singapore Pte Ltd, Pavilion Energy Singapore Pte. Ltd, Mitsui O.S.K. Lines Ltd, (MOL) and TOTAL MARINE FUELS PRIVATE LIMITED, have announced that the parties have entered into a memorandum of understanding (MOU) on the joint development study of ammonia as a new marine fuel in Singapore. ITOCHU executed the MOU with VOPAK in June 2020. The company has expertise in handling ammonia at their Banyan Terminal, Singapore. The company is taking a significant step into the further development of the ammonia supply chain in Singapore by inviting PAVILION ENERGY, MOL and TOTAL to enter into an MOU. These companies have expertise and experience at each business segment, and are engaging in LNG bunkering business in Singapore.

Minato kuFrance generalItochu corpInternational maritime organizationPavilion energy singapore pteMitsuio sk lines ltdVopak terminals singapore pte ltdPavilion energy singaporeLines ltdBanyan terminalParis agreementAmmonia fuelPavilion energyArine fuelOil and gasமினாடோ கு