Ulsan inks alt fuel supply chain deal

image1

Ulsan Port Authority has signed an equity investment agreement worth US$17.6 million with Hyundai Oil Terminal Corporation to establish Korea’s alternative marine fuel supply chain centred on Ulsan Port

This investment follows the ‘Plan to Establish an Alternative Marine Fuel Supply Chain,’ announced at the government’s emergency economic ministerial meeting in November 2023.

UPA is at the forefront of efforts to enhance Korea’s port competitiveness by expanding storage for alternative marine fuels, such as green methanol.

Continue reading this article… 

V2-PS

Receive full access today!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the ports and terminals sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the ports and terminals industry
  • Our extensive archive of data, research and intelligence

Already subscribed? SIGN IN now

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!