New sulphur Directive - January 1st 2015

10/29/14

 

Dear client,

You may be aware that from January 1st 2015, the new EU Sulphur Emission Directive 2012/33/EU will become law. This directive requires all applicable vessels which enter the SECA (sulphur emission control area) to reduce the content of sulphur in fuels from the current 1.0% to 0.1%.

To meet this demand the shipping lines must operate the vessels on MGO (Marine Gas Oil) instead of the current bunker type, HFO (Heavy Fuel Oil), or invest in cleaning technologies, for example, scrubbers.  No matter what option the Shipping Lines choose, costs will increase as a result of the new directive.

Unfortunately, NTEX will have to introduce a SECA surcharge from the 1st January 2015 in the relevant markets. We will ensure this surcharge is completely transparent towards the cost increases we receive from our suppliers. More information will be provided when we have an overall picture of how this will affect the different markets.

For further information or concerns, please do not hesitate to contact your local NTEX office.

Best Regards

 

Dan Ericsson

CEO NTEX AB

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