KUALA LUMPUR: Bumi Armada Bhd
has inked a non-binding memorandum of understanding with Navigator Holdings Ltd to establish a joint venture to provide CO2 shipping and injection solutions in the UK.
The Bluestreak CO2 joint venture is to be held in equal stakes by offshore services provider Bumi Armada and Navigator, the owner and operator of the world's largest fleet of handysize liquefied gas carriers.
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