IMO 2020: Cosco Shipping Lines ink low sulphur fuel deal

Cosco Shipping Lines signed low sulphur fuel oil (LSFO) supply agreement with Double Rich Limited to meet the IMO 2020 sulphur cap.

According to the agreement, Double Rich will supply fuel oil with sulphur content not exceeding 0.5% conforming to the IMO 2020 sulphur cap.

The company said that signing the LSFO supply agreement is an important measure of Cosco Shipping Lines to confront industry trends and promote green shipping development.

Cosco Shipping Lines plans to increase cooperation with partners and global major fuel suppliers in the future.

Posted 01 April 2019

© Copyright 2019 Seatrade (UBM (UK) Ltd). Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Seatrade.

Katherine Si

China Correspondent

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