With discussion and reporting about the IMO 2020 sulphur cap regulation, entering into effect January 1st 2020, AAL Shipping informed that it will use of low sulphur fuel, in order to comply with the 2020 sulphur cap.
As AAL said:
Over the past year, we’ve been researching the options available and decided that migration to the use of low sulphur fuel (fuel with sulphur content of 0.5% or less and fully compliant with the IMO legislation) will best meet the interests of the customers, trades and industries we service globally
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This fuel includes variants like Low Sulphur Fuel Oil (LSFO), Ultra Low Sulphur Fuel Oil (ULSFO) and Low Sulphur Marine Gasoil (LS-MGO), which are currently more expensive than standard marine fuel.
In addition, considering the variety of cargo and trades that its handles and manages, it will be implementing various calculation methodologies to fairly share the increased cost of low sulphur fuel usage with our customers.
These measures will come into effect from September 1st 2019, as the company begins preparing its fleet for low sulphur fuel and begin bunkering same with the intent of being fully compliant with the IMO regulation by year’s end.