Fossil fuels such as coal and oil can contain a significant amount of sulphur. When fossil fuels are burned, about 95 percent or more of the sulphur is generally converted to sulphur dioxide (SO2) or other sulphur compounds (SOx) that will cause serious environmental issues. As stringent environmental regulations regarding SOx emissions have been enacted in many countries, the shipping industry has been greatly impacted by increasingly regulatory requirements.
IMO regulations to reduce sulphur oxides (SOx) emissions from ships first came into force in 2005, under Annex VI of the International Convention for the Prevention of Pollution from Ships (known as the MARPOL Convention). Since then, the limits on sulphur oxides have been progressively tightened.
From 1 January 2020, the limit for sulphur in fuel oil used on board ships operating outside designated emission control areas will be reduced to 0.50% m/m (mass by mass). This will significantly reduce the amount of sulphur oxides emanating from ships and should have major health and environmental benefits for the world, particularly for populations living close to ports and coasts.
We partner with world leading proprietary desulfurization technology providers and offer bespoke advisory services to ensure your fleet can comply and adapt to an ever changing regulatory landscape.
Investment Programs – Managed Container Portfolio
We offer investor’s investment opportunities in container portfolios. We work with you to select a group of containers matching the age and return criteria set by the investor. Once the pool of containers is established, we will ultimately finalize a purchase agreement. We will deliver the leasing, monitoring, maintaining, administration and management services in return for an all-in management fee determined by the purchase agreement. Cash return is distributed to the investors from the ongoing collection of lease receivables. The investor benefits from steady cashflow from high utilization of leased containers in the international shipping market. The investor benefits from a highly professional, adaptive and experienced management team with stringent internal risk management controls for the lessees.
GPS Tracking System
We strive to give our clients accurate information on the whereabouts of the containers, anywhere enroute: over the ocean or overland in a seamless and efficient way through our GPS tracking system.
GPS systems can be free from reliance on continuous GSM or Satellite connectivity. GPS tracking systems can monitor the opening and closing of container doors to ensure safety of transported goods, as well as monitoring reefer temperatures and other analogue inputs such as air pressure, ambient light levels and tilt. In terms of position tracking, with the use of combined GPS positioning and movement sensors, a GPS system is able to track the positions of containers and ships to incredible accuracies within 10 metres.
Proper tracking ensures that the goods brought into a country will arrive securely, complete and intact. Our tagging technologies can make sure that evidence of compliance with all relevant regulations can be easily and transparently provided to regulatory authorities. For example, information of the contents, port of loading, etc. can be efficiently stored and distributed to authorities through a system similar to barcoding at a supermarket.
Transeaton provides a full turnkey service, as well as financing for the installation and monitoring of the GPS system regardless of number of shipments and containers.