Petronas urges Kuala Lumpur to assist local lines in switching to greener fuels

Malaysia’s energy major Petronas has urged the national government to provide incentives to local owners to help switch to cleaner fuels, citing and commending neighbour Singapore’s efforts in this field.

“Singapore has already taken proactive steps towards providing such incentives and financial assistance,” Ahmad Adly Alias, Petronas’s vice president of LNG marketing and trading told reporters at the Green Shipping Conference in Kuala Lumpur.

Singapore has instituted incentives of up to S$2m ($1.46m) to shipping lines to convert to more greener fuel.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
Back to top button