5 September 2019
Maersk Oil Trading and also Koole Terminals today revealed the finalizing of a contract to create IMO 2020-compliant shelter gas.
The manufacturing will certainly happen at the Petrochemical Industrial Distillation (PID) device, situated at Koole’s Botlek website in the heart of the Port ofRotterdam The toll purification offer permits Maersk to create VLSFO shelter gas and also will certainly allow Maersk to additional increase its shelter supply quantities in Europe.
Annual manufacturing is anticipated to cover 5-10% of Maersk’s yearly gas need.
“The fuel manufacturing process allows Maersk to produce compatible low sulphur fuels that comply with the IMO 2020 sulphur cap implementation, reducing the need to rely on 0.1% price-based gasoil and fuel oil outside the ECA zones. Our activities with Koole will be an important driver in ensuring stable, reliable services for Maersk’s customers during a potentially volatile period for global shipping,” claimed Niels Henrik Lindegaard, Head of Maersk Oil Trading at A.P. Moller– Maersk.
“Koole Terminals continues to explore opportunities to contribute to a sustainable society. One of the initiatives is to utilize our PID unit for producing environmentally friendly transportation fuels. We are proud to partner with Maersk and produce a low sulphur bunker fuel to support the reduction of sulphur emissions in order to reduce air pollution,” claimed John Kraakman, CHIEF EXECUTIVE OFFICER of Koole Terminals.
The IMO 2020 0.5% sulphur gas cap will certainly be executed around the world since 1 January 2020. Bunker gas within the ECA (Emission Control Area) areas will certainly continue to be at the present cap of 0.1% sulphur. Koole’s PID device will certainly additionally allow Maersk the opportunity to create such ECA 0.1% sulphur gas.