Singapore-based multipurpose shipping company AAL shipping plans to move forward over the coming weeks and months to fully prepare for the important milestone in the shipping and maritime sector by using low sulphur fuel, reports Sea News.
Why sulphur cap?
The company said, the purpose of the new regulation is to reduce Sulphur Oxide (SOx) levels produced across the entire shipping industry.
The move will result in more sustainable air quality conditions for those environments, particularly coastal and port communities.
“AAL has served the multipurpose heavy lift sector for 25 years and we welcome the positive global impact it will have on our environment and the health of current and future generations.”
Available options and migration
The company stated:
- After researching the options available, decided to migration to the use of low sulphur compliant fuel, to meet the interests of customers.
- This fuel comprises variants such as Low Sulphur Fuel Oil (LSFO), Ultra Low Sulphur Fuel Oil (ULSFO) and Low Sulphur Marine Gasoil (LS-MGO), all currently more expensive than standard marine fuel.
- Not only will adoption of same have profound implications for our planet, but also on the economics of our daily operations.
Fair share of the increased cost
In the multipurpose shipping sector, it is well known that one size does not fit all, the company says.
Therefore, various calculation methodologies are implemented in consideration of the wide variety of cargo and trades that are handled and managed worldwide, to fairly share the increased cost of low sulphur fuel usage with customers.
“These measures will come into effect from September 1st 2019, as we start the arduous task of preparing our fleet for low sulphur fuel and begin bunkering same with the intent of being fully compliant with the IMO regulation by year’s end.”
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Source: Sea News
