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Companies sign to develop alternative fuel supply chain

Companies sign to develop alternative fuel supply chain

Bunker News
Companies sign to develop alternative fuel supply chain

Marubeni Corporation has signed a strategic partnership agreement with Sinopec Fuel Oil Sales Co., Ltd. for the development of supply chains for alternative fuels such as biofuel, LNG, and methanol.

Under this new Agreement, Marubeni and Sinopec Fuel Oil will further develop their partnership, both in conventional marine fuels and by exploring the potential to handle new fuels such as biofuel, LNG, and methanol. Marubeni and Sinopec are now aiming to build a new fuel supply chain by leveraging the strengths of both companies.

Furthermore, the Agreement represents an important step toward strengthening the relationship between the two companies as well as establishing a new framework for cooperation, with a vie

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