clean fuel Archives | Be Korea-savvy

HMM Inks Deal with Shanghai-based Port Operator on Clean Fuel Supply

SEOUL, Apr. 3 (Korea Bizwire) — South Korea’s top container shipper HMM Co. said Wednesday it has signed a deal with global terminal operator Shanghai International Port Group (SIPG) on cooperation in the supply of eco-friendly fuel for the Chinese port. The memorandum of understanding calls for HMM to cooperate with SIPG in providing clean [...]

S. Korea to Invest 90 bln Won on Development of Clean Fuel

SEOUL, May 27 (Korea Bizwire) — South Korea said Thursday it plans to allocate 90 billion won (US$80.6 million) by next year to carry out research and development projects for electrofuel, in line with its vision to go carbon neutral by 2050. Electrofuel refers to an environment-friendly energy source that can be used in traditional [...]