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First dry bulk shipping company issues ban against coal transportation

In the name of the climate, tonnage provider Eastern Pacific Shipping prohibits customers in its commercial management business to transport coal. Ultrabulk COO Hans-Christian Olsen doesn’t believe it’s the right way to go.

Photo: PR / Clipper Group

As the first dry bulk shipping company, Singapore-based Eastern Pacific Shipping (EPS) issues a ban against sailing with coal to customers within the company’s commercial management business.

The decision means that EPS no longer allows coal transportation on ships that are on spot or short-term agreements. According to EPS Chief Executive Cyril Ducau, the initiative is meant as a contribution to a better climate.

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