From January 2015, MOL Liner will engage in full compliance in the implementation of new Low Sulfur Fuel Policy set by the International Maritime Organization (IMO) in which the new policy requires every ship operating within the Emission Control Areas (ECAs) to use fuel with a maximum allowed sulfur content of 0.1% (current limit: 1.0%), the company said in its press release.
Currently, ECAs exist in North Europe (including the Baltic Sea, North Sea and English Channel) and North America (both East and West Coast) and the Caribbean Sea.
Sulfur Dioxide (Sox) emissions are toxic and cause respiratory implications as well as acid rain. Under the low sulfur fuel policy, SOx from ships will be reduced in the ECA areas, which will have significant positive effects on the environment and on health in general. The carbon footprint will also be reduced from the container shipments.
MOL Low Sulfur Fuel Charges levels on major trade lanes