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Trafigura to Co-Sponsor Development of MAN Energy Solutions Ammonia Engine | Hellenic Shipping News Worldwide


Trafigura to Co-Sponsor Development of MAN Energy Solutions Ammonia Engine
Trafigura Group Pte Ltd, one of the world’s leading independent commodity trading companies, is continuing its investment in renewable energy technologies by co-sponsoring the development of MAN Energy Solutions ammonia-fuelled engine for maritime vessels. The fuel-flexible, two-stroke ammonia engine is expected to be commercially available for large-scale ocean-going ships by 2024, followed by a retrofit package to make existing maritime vessels capable of running on ammonia by 2025.
According to the International Maritime Organization (IMO), maritime shipping emits around 1,056 million tons of carbon dioxide per year and is responsible for around 2.9 percent of all greenhouse gas emissions. Without mitigation, emissions are projected to grow by as much as 130 percent in 2050, compared to 2008 levels. ....

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The Prax Group signs exclusive crude oil supply arrangement


The Prax Group signs exclusive crude oil supply arrangement
3/2/2021
The Prax Group announced that it has completed an exclusive crude oil and feedstocks supply arrangement with Trafigura, a market leader in the global commodities industry. Under the terms of the transaction, Prax will purchase crude oil and refinery feedstocks from Trafigura for all of its requirements for Prax Lindsey Oil Refinery, located near Immingham in the Humber estuary, in the North East region of the United Kingdom.
Under the new agreement, Trafigura will use its extensive global reach in international oil markets to source the optimal range of crude oils and feedstocks for the refinery. ....

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- The Prax Group agrees exclusive crude...


The Prax Group agrees exclusive crude oil supply arrangement with Trafigura
édité le 01/03/2021 - Plus de news de Trafigura - Voir la fiche entreprise de Trafigura
The Prax Group, a leading independent oil refining, trading, storage, distribution and retail conglomerate dealing in petroleum products and bio-fuels, has announced that it has completed an exclusive crude oil and feedstocks supply arrangement with Trafigura, a market leader in the global commodities industry.
Under the terms of the transaction, Prax will purchase crude oil and refinery feedstocks from Trafigura for all of its requirements for Prax Lindsey Oil Refinery, located near Immingham in the Humber estuary, in the North East region of the United Kingdom. ....

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