Sign up
Log in Sign up
Thu 7 Jan 2016, 11:05 GMT

AIP to establish oil residue recycling plant in Abidjan


Port authority agrees to provide Ecoslops with five hectares of land within the port boundaries.

Ecoslops, the first company to develop technology to produce recycled marine fuels from marine oil residues (also known as 'slops'), has announced that it has received an agreement in principle (AIP) from the Port of Abidjan, Ivory Coast, to provide the company with land on which to establish a new oil residue recycling plant in the region.

Commenting on the news, Vincent Favier, CEO of Ecoslops, said: "The authorities within the Ivory Coast, and the Port of Abidjan have shown significant interest in both our unique technology and expertise. With the growth of the port and its position as the gateway to the subcontinent, developing a recycling plant in the region represents the best opportunity for Ecoslops to establish a strong foothold in West Africa. As we look to develop the project, our focus is on establishing strong local partnerships on both an industrial and financial basis to ensure we maximise the value of the opportunity. In conjunction with the recent signing of a letter of intent for the construction of a recycling plant in the Port of Constanta, Romania, this latest development works towards further meeting our objective to have three new projects signed by 2017, as highlighted in our IPO."

Abidjan Port Authority has granted Ecoslops with five hectares of land within the port boundaries. Ecoslops says it will now begin preliminary studies and analysis to evaluate the full financial and technical considerations of the project, and establishing relationships with local partners.

The Ivory Coast project follows the implementation of industrial production at Ecoslops' first plant in the Port of Sinès, Portugal, which recycles over 98 percent of slops collected, as well as the first sale of marine fuel products and light bitumen.

In December 2015, Ecoslops signed a letter of intent to explore the feasibility of creating an oil residue recycling plant in the Romanian Port of Constanta, on the Black Sea.

The company says it is also continuing to pursue discussions with key operators to scope further opportunities in the Mediterranean and Northern Europe.

Anglo-Eastern's ammonia pilot training course. Anglo-Eastern completes pilot training course for ammonia-fuelled vessels  

Ship manager prepares crew ahead of first ammonia-fuelled vessel takeover with inaugural training programme.
Burando Atlantic Group 2025 sustainability report cover. Burando Atlantic publishes first sustainability report, secures ISCC EU recertification  

Maritime group releases inaugural sustainability report while Burando Energies extends biofuel traceability certification.
Conceptual illustration of high-power marine fuel cell unit. ABB and HDF Energy to develop high-power fuel cells for large ships  

Joint development targets megawatt-scale hydrogen fuel cell units for container feeders and liquefied hydrogen carriers.
Chart showing Singapore TTM bunker sales, Aug '22 - Nov '25. Singapore bunker sales break new ground as TTM volumes surpass 56m tonnes  

Trailing 12-month bunker sales rise to new all-time record at Asian port.
Bow Leopard vessel. Odfjell launches operational green corridor between Brazil and Europe using biofuel  

Chemical tanker operator establishes route using B24 sustainable biofuel without subsidies or government support.
United LNG I vessel. Somtrans christens 8,000-cbm LNG bunker barge for Belgian and Dutch ports  

United LNG I designed for inland waterways and coastal operations up to Zeebrugge.
Photograph of a red container vessel. BIMCO adopts FuelEU Maritime and ETS clauses for ship sales, advances biofuel charter work  

Documentary Committee approves regulatory clauses for vessel transactions, progresses work on decarbonisation and emerging cargo contracts.
ABS, Eneos, NYK Line and Seacor Holdings logos side by side. Four companies launch study for US methanol bunkering network  

ABS, Eneos, NYK Line, and Seacor to develop ship-to-ship methanol supply operations on Gulf Coast.
CMA CGM Antigone naming ceremony. CMA CGM names dual-fuel methanol vessel for Phoenician Express service  

CMA CGM Antigone to operate on BEX2 route connecting Asia, the Middle East and Mediterranean.
Capt. Kevin Wong, Golden Island. Golden Island appoints Capt Kevin Wong as chief operating officer  

Wong to oversee ship management and low-carbon fuel development at Singapore-based marine fuels company.




 Recommended