- Golden Ocean has signed a non-binding term sheet to buy 10% of a bunkering joint venture (JV) together with global trading giant Trafigura, and tanker company Frontline.
- The JV will ensure a prompt access to both high-sulfur fuel and compliant fuel, which will either give a further competitive advantage or at least protection from a significant risk.
One way to overcome the limitations on marine fuel supply due to upcoming regulations is to buy your own marine fuel supplier, or at least part...
http://mfame.guru/global-oceans-jv-to-help-evade-significant-risks/