Pacific Green Technologies Inc. (OTCQB: PGTK), developer of the ENVI-Marine™ and ENVI-Clean™ Exhaust Gas Scrubbing Systems, has announced the appointment of Nick Mahoney as Managing Director of its newly created division, Pacific Green Marine Technologies Trading Limited.
Nick Mahoney has vast experience in the shipping industry and joins Pacific Green from Union Maritime Limited, a key client of the Company. Nick was previously a senior executive at Vitol Services Limited in a variety of chartering roles for 18 years including the management of traders’ shipping portfolios, head of chartering in Asia and finally working in Vitol’s ship owning division over the last 5 years. Prior to joining Vitol, Nick was a shipbroker responsible for major relationships including Shell.
Pacific Green CEO, Dr. Neil Carmichael, commented:
“Nick is a well known and highly respected figure in the shipping world with vast experience and contacts. We are delighted he has joined our Company to spearhead our new division, to capitalize on our technologies and enhance the ability of ship-owners to continue to use low cost bunker fuel while still being compliant with environmental regulations.”
Pacific Green Technologies has developed a portfolio of patented, emission control technologies that remove pollutants from marine engine, power plant and waste incinerator exhaust streams to meet increasingly stringent environmental standards. Pacific Green solutions utilize its patented “Turbo Head Technology™” which enables a more thorough mixing of exhaust gases and a chosen reagent solution that delivers more effective contaminant removal in a system that is both smaller and more efficient to build and operate.
Pacific Green formed a strategic joint venture with PowerChina SPEM, a unit of China’s largest engineering, procurement, and construction firm, to support the manufacture, design, and installation of its solutions on a global scale, while also serving as an in-country sales agent for commercial opportunities in mainland China.
Sea News, June 5