Sinopec Oil and BP will form a 50:50 joint venture, BP Sinopec Marine Fuels Pte Ltd, to cater for growing demand for the busiest ports in the world. The joint venture will capitalise on the companies' existing facilities in the region and will also support marine bunker sales in key global locations.

VGP compliance for Wärtsilä; BP & Sinopec sign Joint Venture

Developing various elements, including the seals, hydraulics and oil monitoring systems, the Finnish company's latest ships meets the Vessel General Permit (VGP-2013) for US waters and is capable of operating with Environmentally Acceptable Lubricants (EALs).