S&P Global to Buy IHS Markit for $44 Billion in 2020’s Biggest Merger
By Noor Zainab Hussain (Reuters) – Data giant S&P Global Inc has agreed to buy IHS Markit Ltd in a deal worth $44 billion that will be 2020’s biggest merger,...
OKYO (Reuters) – Japanese trading house Sumitomo Corp says it signed a memorandum with Uyeno Transtech Ltd and Yokohama-Kawasaki International Port Corp for a joint study on ship-to-ship liquefied natural gas (LNG) bunkering in Tokyo Bay.
The three firms will jointly study the commercial feasibility of services using LNG bunkering vessels, Sumitomo said in a statement
The firms would remain open to the possible participation in such a business venture of other LNG-related companies, it said
LNG has been promoted as a more environment-friendly alternative to bunker fuel oil for shipping lines facing a 2020 deadline to meet new international standards on sulphur emissions (Reporting by Osamu Tsukimori)
(c) Copyright Thomson Reuters 2018.
Join the 63,006 members that receive our newsletter.
Have a news tip? Let us know.