MPC Container Ships ASA announced earlier today its enrolment in the Trident Alliance, a coalition of shipping owners and operators who share a common interest in effective, transparent enforcement of global sulphur regulations for the benefit of the environment, human health and responsible businesses. Trident Alliance members contribute their reputations, resources, access and competence to promote strategies that contribute to the vision of robust enforcement.
CEO Constantin Baack comments in relation to the announcement: "Joining the Trident Alliance allows us to align our company with an important network of like-minded industry peers, and support industry-wide calls for effective and transparent enforcement around the world."
As previously announced, the Company will take a balanced approach to the sulphur oxide emissions regulation by way of operating 58 vessels on compliant fuel while retrofitting a carefully selected 10 vessels with exhaust gas cleaning systems ("scrubbers").
The Company has also reported that for the first 3 vessels the scrubber retrofitting and commissioning has been successfully completed. The retrofitting programme is scheduled to be completed during H2 2019.
Furthermore, for 8 out of the 10 vessels that will be equipped with scrubbers, the Company has concluded charter parties with major operators for periods of 2-3 years at attractive base rates plus a savings sharing mechanism.
Source: MPC Container Ships