Shipping major AP Moller-Maersk and Dutch tank storage company Royal Vopak have teamed up to build a 0.5% sulphur bunkering facility in Rotterdam to provide fuel as mandated by the International Maritime Organization's sulphur cap initiative. The project is expected to be completed next year. Our terminals in Fujairah, Rotterdam, and Singapore will be fully ready to support new market requirements," Royal Vopak's chief executive officer Eelco Hoekstra said in a statement with the company's H1, 2018 results Friday. The facility is scheduled to be completed in H2 2019. Royal Vopak also noted that its oil hub terminals in Fujairah, Rotterdam and Singapore will be ready for the IMO sulphur cap regulation by 2020.
Shipping major AP Moller-Maersk and Dutch tank storage company Royal Vopak have teamed up to build a 0.5% sulphur bunkering facility in Rotterdam to provide fuel as mandated by the International Maritime Organization's sulphur cap initiative. The project is expected to be completed next year. The facility is scheduled to be completed in H2 2019. Royal Vopak also noted that its oil hub terminals in Fujairah, Rotterdam and Singapore will be ready for the IMO sulphur cap regulation by 2020.