The two companies have signed a memorandum of understanding setting out plans to collaborate on the installation of air lubrication systems on ships being worked on by HD Hyundai.
The firm has ordered one 12,500 m3 ship and a 20,000 m3 one from CIMC Sinopacific Offshore & Engineering in China, and chartered a new 20,000 m3 one from Avenir LNG.
Ankora Fuels will initially focus on MGO and ULSMGO deliveries by barge and truck in the Port of New York and New Jersey, co-founder John Barbarise III tells Ship & Bunker.