World News
EMP in Deal to Promote Technology to Greek Market
Japanese marine technology company Eco Marine Power (EMP) today said it has entered into a commercial agency agreement with MIE Company Ltd (MIE) of Greece.
Under the terms of the deal, MIE will promote EMP's solutions and products to Greek shipowners, starting with the Aquarius Management & Automation System (Aquarius MAS), a marine computer system with features that include the monitoring of bunker consumption, that was announced earlier this year.
Commenting on the collaboration, Nicholas Kolliarakis, MD of MIE said: "In an era, where we have all come to realise the significance of our planet's well being and the actions we need to take to protect it, new, green and valuable solutions are in the forefront of MIE's strategic planning."
Greg Atkinson of EMP commented: "This agreement with MIE Company Ltd will allow EMP to promote our innovative marine technologies to the biggest shipping market in the world. These technologies will reduce fuel use and noxious gas emissions thereby contributing to a greener marine future for shipping."
EMP said the companies will also work together to build relationships with Greek shipowners and shipping lines to assist with the development of further sustainable shipping technologies and solutions.
Based on the KEI 3240 Data Logger, EMP said earlier this month the Aquarius MAS will be launched this September.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 504.50 | 2.50 | 620.00 | 3.00 |
| Rotterdam | 456.00 | 1.50 | 621.50 | 2.00 |
| Houston | 476.00 | 7.00 | 624.00 | 1.00 |
| Fujairah | 496.50 | 2.00 | 713.00 | 2.50 |
| Global 20 Ports Average | 526.50 | 0.50 | 712.00 | 0.50 |
| Global 4 Ports Average | 483.00 | 2.00 | 644.50 | 0.50 |
| Global Average Bunker Price | 570.50 | 1.50 | 751.00 | 1.00 |
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