Business
Pacific Green Technologies Marine Limited Signs Agreement with International Shipbroker, Poten & Partners
Pacific Green Technologies Marine Limited Signs Agreement with International Shipbroker, Poten & Partners.
About this update from Pacific Green Technologies Inc.
[{"type":"text","content":"SAN JOSE, CA / ACCESSWIRE / February 8, 2018 / Pacific Green Technologies Inc. (\"PGT\") (OTCQB: PGTK) is pleased to announce that its subsidiary Pacific Green Technologies Marine Limited has signed a brokerage agreement with Poten & Partners (\"Poten\") to assist PGT in marketing its marine industry leading ENVI-MarineTM Exhaust Gas Scrubbing System.For almost eighty years, Poten's team of nearly two hundred brokers and consultants have been delivering valuable insight into the interna­tional oil, gas and shipping markets. Through its global offices on four continents, Poten provides ship and commodity brokerage, consulting, business intelli­gence and commercial advisory services to its clients.Installing Exhaust Gas Scrubbing Systems allow ship owners and charterers to continue using low cost \"bunker fuel\" rather than having to switch to high-cost low sulphur gas oil for the life of the ship whilst meeting the impending IMO legislation in 2020 for ships to substantially reduce their emissions.Neil Carmichael, PGT's Chief Executive commented, \"With the impending new emissions legislation coming into force in 2020 this relationship enables PGT to be able to achieve unrivaled worldwide access to ship owners, charterers and oil companies alike. We are very proud to work with Poten in building our marine business.\"Scott Poulter, Executive Director of PGT added, \"The ENVI-MarineTMs flexible footprint is perfectly suited for retrofitting onto existing ships, coupled with PowerChina SPEM's unrivalled production capacity and Poten's access to ship owners and charterers, PGT is now uniquely positioned to become the market leader in the marine exhaust scrubbing industry.\"About Pacific Green Technologies, Inc.Pacific Green Technologies Inc. is focused on addressing the world's need for cleaner and more sustainable energy. The company's strategy is to build through organic development and acquisition, a portfolio of patented competitive cutting-edge technologies designed to meet increasingly stringent environmental standards.For more information, visit PGT's website:www.pacificgreentechnologies.comContact:Neil Carmichael, President and DirectorPacific Green TechnologiesT: +1 (408) 538-3373About POWERCHINA SPEM Co. LtdPOWERCHINA SPEM is a subsidiary of POWERCHINA, the largest power equipment manufacturer in the PRC and o...