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COSCO Shipping Lines Seals LSFO Supply Deal

March 29, 2019

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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.

As explained, this would enable COSCO “to better fulfill the amendment of ANNEX VI in International Convention for the Prevention of Pollution from Ships (MARPOL), which has been adopted by IMO.”

By promoting and applying diverse emission reduction technologies and optimizing management pattern, COSCO is moving forward to realize green shipping. The LSFO supply deal has been described by the company as an important step towards “actively fulfilling MARPOL of IMO, confronting industry trends and adhering to green development.”

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