EPS adopts SulNOx tech to cut emissons and fuel use on minimum 30 vessels

Singapore-based ship management company Eastern Pacific Shipping (EPS) and UK tech provider SulNOx have signed an agreement encompassing investment and adoption of the latter’s products for reducing emissions and fuel consumption.

Under this ‘significant’ agreement, EPS committed to adopt fuel conditioner SulNOxECO on a minimum of 30 vessels for a minimum of 18 months of use per vessel.

The contract was conducted after an eight-month evaluation onboard various EPS-managed vessels including container ships, tankers, bulk, and gas carriers.

According to SulNOx, during the evaluation, EPS reported up to 5% fuel savings with heavy sulphur fuel oil (HSFO) and B30 biofuel, cleaner engines and components, and reduced emissions.

In addition, the shipping major decided to invest in SuINOx and become a strategic shareholder.

Cyril Ducau, Chief Executive Officer of EPS, commented: “This partnership with SulNOx is a significant step towards achieving EPS’s long-term sustainability objectives. By enhancing our operational efficiency and reinforcing our commitment to meeting global environmental standards, this collaboration further solidifies our position as a proactive leader in sustainable shipping practices.”

As part of its emission reduction endeavors, EPS recently reported the benefits of using AI-based technology to enhance vessel and fleet performance monitoring, improve reaction time to inefficiencies, and drive forward its decarbonization efforts.

Radu Florescu, Chairman of SulNOx, added: “Signing the marquee shipping name of EPS after an extensive evaluation period proves the effectiveness of SulNOx products beyond doubt at a time when the industry is crying out for solutions to reduce fuel consumption and associated emissions against a backdrop of increasing regulation. With this partnership, not only have we secured substantial, committed revenues, but there is also significant additional potential revenue from EPS’ introductions to some of the world’s largest fleets.

“This transaction marks a new and transformative era for the SulNOx Group, and we look forward to a long and mutually beneficial partnership with EPS, delivering the energy transition together.”