From 2030, all new harbour craft in Singapore must be fully electric or capable of running on B100 biofuel or other net-zero fuels.
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One of the Union Maritime's tankers fitted with a wind propulsion system was able to save about 12.8 mt/day of bunker fuels during its maiden voyage.
The US authorisation does not extend to transactions involving entities linked to Russia, China, Iran, Cuba or North Korea, nor to any sanctioned vessels.
