Friday, April 27, 2012
Keppel Corp
Keppel Corp: in an interview with Reuters, says it sees a market in fuel conversion by ships, driven by tighter global marine fuel emission standards.
Says a shift from low-sulphur diesel, which is more expensive than gas, will spur a retrofit for thousands of vessels worldwide and create a new market for rig-builders including its rival SMM. The potential revenue is tipped to reach billions of dollars in the coming decades.
DMG notes the value of such conversions is typically
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