02APR2019 - NEWS - COSCO Shipping Lines inks LSFO supply deal with China Marine Bunker on 28 March 2019

COSCO Shipping Lines of china has recently signed a low sulfur fuel oil (LSFO) supply agreement with Double Rich Limited, a subsidiary of China Marine Bunker (Petro China). According to the agreement inked on March 28, 2019, Double Rich limited will provide fuel oil with sulfur content not exceeding 0.5% m/m for COSCO Shipping Lines’ vessels. By promoting and applying diverse emission reduction technologies and optimizing management pattern, COSCO is moving forward to realize green shipping. Preparing for the IMO 2020, the company has implemented research, development and application of ship desulfurization technology. On the basis of pilot installation of scrubbers on two vessels, COSCO Shipping Lines plans to equip more vessels with scrubbers.

Published by Editor - www.Livebunkers.com at 02-Apr-2019 06:00:34 [UTC] , contact editor at editor@livebunkers.com