MOL Vessels Enrolled in Low Sulfur Fuel Program

Thursday, August 19, 2010

MOL announced that it has voluntarily enrolled two of its vessels, the MOL Endowment and MOL Experience, in the Port Authority of New York and New Jersey Ocean Going Vessel Low Sulfur Fuel Program. MOL is one of the first ocean carriers to enroll in the Low Sulfur Fuel program, and is the first of the Japanese carriers to do so.

The program provides incentives to operators of ocean vessels to utilize low-sulfur fuel in their main propulsion and auxiliary engines instead of bunker fuel known as Intermediate Fuel Oil 380. Switching to low-sulfur fuels reduces emissions of fine particles as well as carbon dioxide, nitrogen oxides, and nitrous oxide and contributes to the improvement of the environment.

Although MOL will incur an incremental cost as a result of using the more expensive Low Sulfur Marine Fuel instead of Intermediate Fuel Oil 380, the company determined the program is worth the investment.

“MOL saw the program as an opportunity to maintain our commitment as a responsible corporate citizen and to increase efforts in implementing our environmental policy,” said Toshiya Konishi, Chief Operating Officer, MOL Liner. “MOL is committed to protecting the health of our marine/global environment and we seek to reduce the burden on the environment by setting and achieving tough voluntary environmental standards. We offer our thanks to the Port Authority for establishing the Low Sulfur Fuel program.”

www.MOLpower.com

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Environmental

USCG Flush Ice down River Systems to Facilitate Shipping

The Coast Guard cutter fleet is flushing ice through the Great Lakes river systems to prevent ice jams and facilitate commercial shipping as the shipping season

Chile Desert Rains Sign of Climate Change

The heavy rainfall that battered Chile's usually arid north this week happened because of climate change, a senior meteorologist said, as the region gradually

Mexico Unveils National Strategy ahead of Paris Climate Talks

Mexico on Friday said it will cap its greenhouse gas emissions by 2026, becoming one of the first countries to formally submit its national climate plan the

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Salvage Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1116 sec (9 req/sec)