A Galveston fuel storage operator plans to run a 50,000-barrel-a-day crude processing facility to make ship fuel as the maritime industry prepares for a significant tightening of emission standards.

Texas International Terminals, 4800 Old Port Industrial Road, announced Wednesday it would begin producing low-sulfur ship fuel compliant with new standards for what company executives said is an undersupplied market.

The new standards, which take effect in 2020, reduce the amount of sulfur allowable in ship fuel, according to the International Maritime Organization, a special agency of the United Nations.

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