News Formal

Bunkering sector can boost maritime industry, says Loke

  • 📰 staronline
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 75%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

PETALING JAYA: The growth potential of the bunkering industry is a positive for the country’s economy, especially because it can act as a catalyst for a more dynamic and competitive maritime ecosystem, says Anthony Loke.

The Transport Minister said Malaysia’s strategic location, bounded by the Malacca Strait and the South China Sea, gives the country an advantage in developing a world-class bunkering hub.Loke said the global bunker fuel market would grow by 4% annually to reach US$160bil in 2030.

“Tankers with a single hull double bottom, delivered before July 1996, are allowed to carry oil and continue operations, but must have less than 5,000 tonnes deadweight. Loke also said tankers with 600 tonnes deadweight or more, delivered after July 1996, must comply with the requirements of Regulation 19, Marpol Annex I before they are allowed to register as Malaysian vessels.

Also present at the signing ceremony were MBA chairman Tan Sri Mohd Bakri Zinin and vice-chairman Sum Ang Kek, and Masa chairman Mohamed Safwan Othman.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 4. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Investing in training to gain competitive advantage in the marketThere is an argument that upskilling an employee will only make them attractive and a potential target for competitors. Thus, is an investment in talent training justified?
Fonte: staronline - 🏆 4. / 75 Leggi di più »