SAN JOSE, CA – February 8th, 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-Marine™ 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-Marine™s flexible footprint is perfectly suited for retrofitting onto existing ships, coupled with PowerChina SPEM’s unrivaled 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.”