SAN JUAN, PUERTO RICO– (Newsfile – October 31, 2016) – Triton Emission Solutions Inc. (OTCQB: DSOX) (“Triton” or the “Company”) is pleased to welcome the International Maritime Organization (IMO) Marine Environment Protection Committee’s (“MEPC”) decision to implement the 0.5% cap on sulphur emissions from ships in 2020.
The landmark decision to implement a global sulphur cap of 0.5% m/m (mass/mass) in 2020 was taken by the IMO, the regulatory authority for international shipping, during its MEPC meeting for its 70th session in London. It represents a significant reduction from the 3.5% m/m global limit currently in place and demonstrates a clear commitment by IMO to ensuring shipping meets its environmental obligations. For further information, please refer to the press briefing issued by IMO on October 28, 2016.
Anders Aasen, Triton’s CEO stated, “The decision made by IMO last Thursday is truly significant, and has been long anticipated for. The majority of the shipping industry has been in a holding pattern to make a decision on how and when they will comply. Now ship owners can evaluate their fleet to determine the best solutions, be it LNG, low sulphur fuel, installing exhaust gas cleaning systems or fuel cleaning systems.”