NuStar Energy had requested a $2.4 million franchise tax refund on marine fuel sales at Texas ports to nonresident purchasers for the tax years 2011 to 2013.
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T&E says electrification, slow steaming and use of wind propulsion could reduce exposure to bunker price shocks to some extent.
The classification society highlights flammability, storage, and materials risks as IMO moves towards interim hydrogen fuel guidelines.
