Pacific Green Marine Technologies to Exhibit at Posidonia 2018 Conference in Athens from June 4th to 8th

Posidonia - June 2018

Pacific Green Marine Technologies is pleased to announce that we will be exhibiting during the upcoming Posidonia 2018 convention from June 4th to 8th. Over the course of five days, PGMT will be promoting our industry leading ENVI-Marine™ scrubber. We will have our team of technical experts and representatives available to explain every aspect of our exhaust gas scrubbing systems from proposals through to installation and commissioning.

Pacific Green Marine Technologies Limited Signs Agreement With Union Maritime Limited to Supply Seven ENVI-Marine™ Scrubbers for Union’s New Chemical Tankers and Bulk Carriers

SAN JOSE, CA – April 18th, 2018 - Pacific Green Technologies Inc. (“PGT”) (OTCQB: PGTK) is pleased to confirm that its wholly owned subsidiary Pacific Green Marine Technologies Limited has signed an agreement with Union Maritime Limited to supply seven ENVI-Marine™ Exhaust Gas Scrubbing Systems for Union Maritime’s four new 45,999 DWT Chemical Tankers being built by Hyundai Marine Division in South Korea and three 64,000 DWT Bulk Carriers being built by COSCO in China.

The vessels will start to be delivered in the fall of 2018 with the last being delivered in early 2020.

IMO moves forward with ban on vessels carrying high-sulphur fuel

The International Maritime Organization said it approved on Friday an amendment that would ban ships unequipped to strip sulphur from carrying high-sulphur fuel from 2020 - when new sulphur-content limits come into effect

New 2020 limits cut the amount of sulphur in the fuel that ships worldwide are allowed to use, from 3.5 to 0.5 percent by 2020. However, ships that have installed scrubbers that can remove sulphur as fuel is burned can continue to use higher-sulphur fuel

Insurers warn on sulphur cap

We spotted an interesting article on the Heavy Lift PFI website this week : 

As the International Maritime Organization's (IMO) 2020 sulphur cap draws closer, insurance broker Marsh has emphasised that non-compliance with the regulations could allow a ship to be declared unseaworthy, threatening to invalidate liability insurance cover.

The implications of the IMO cap will be widespread and there are plenty of questions that remain unanswered, one of which is the impact on insurance policies.

Pacific Green Technologies Chief Executive's Update

SAN JOSE, CA / ACCESSWIRE / Pacific Green Technologies Inc. ("PGT") (OTCQB: PGTK) Chief Executive Dr. Neil Carmichael's year-end statement:

"As we look into the new year, I wanted to summarize our achievements of the past year as our Group has successfully made the transition from a technology development company into a fully commercial operational company.

Our two key divisions of land-based China operations and Marine have demonstrated substantial accomplishments in successfully installing their first commercial, operational systems to clients in both divisions.

Pacific Green Technologies ENVI-Marine™ System Successfully Completes Commissioning and Sulfur (“SOx”) Emissions Tests on Union Maritime Limited's (“UML”) Westminster Chemical Tanker

SAN JOSE, CA – October 30th, 2017 - Pacific Green Technologies Inc. (“PGT”)

(OTCQB: PGTK) is pleased to confirm that it has successfully completed its commissioning and emissions testing for its ENVI-Marine™ Exhaust Gas Scrubbing System on UML’s “Westminster” Chemical Tanker.

The Westminster is the first system to be sold to UML by PGT under the agreement signed in December 2016 with an intent for UML to purchase up to ten systems over the following eighteen months.

Pacific Green Technologies Signs Memorandum of Understanding to Become Majority Shareholder in New Chinese Environmental and Renewable Company with POWERCHINA SPEM

SAN JOSE, CA – August 16th, 2017 - Pacific Green Technologies Inc. (“Pacific Green”) (OTCQB: PGTK) is pleased to announce that it has signed a Memorandum of Understanding (“MOU”) with POWERCHINA SPEM Co., Limited (“POWERCHINA SPEM”) to incorporate a new company whereby Pacific Green will own 50.1% and POWERCHINA SPEM 49.9%.