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.”
About Triton Emission Solutions Inc.:
Triton Emission Solutions Inc. develops and markets environmental and pollution emission control solutions to a worldwide market.
Triton Emission Solutions Inc.’s proprietary DSOX-15 and DSOX-20 Fuel Purification Systems, and the Company’s exhaust gas scrubber technology, NJORD, are cost-effective technologies designed to reduce harmful chemical emissions into the ocean and atmosphere in an effort to meet the increased emissions regulations that came into effect on January 1, 2015. These technologies are currently aimed at the maritime industry which includes vessels for cruise-line, freight shipping and tanker companies and can be installed during normal vessel operation without the need to use expensive dry dock time. These technologies have worldwide applications that are not limited to the maritime industry.
On behalf of the Board of Directors, Anders Aasen, Chief Executive Officer.
For further information about Triton Emission Solutions Inc. please visit the Company’s website at www.tritoninc.com or contact us at 561-440-DSOX.
Forward Looking Statements
This press release may contain forward-looking statements. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as “expects”, “intends”, “estimates”, “projects”, “anticipates”, “believes”, “could”, and other similar words. All statements addressing product performance, events, or developments that Triton Emission Solutions Inc. expects or anticipates will occur in the future are forward-looking statements. Because the statements are forward-looking, they should be evaluated in light of important risk factors and uncertainties, some of which are described in Triton Emission Solutions Inc.’s Quarterly and Annual Reports filed with the United States Securities and Exchange Commission (the “SEC”). Should one or more of these risks or uncertainties materialize, or should any of Triton Emission Solutions Inc.’s underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on Triton Emission Solutions Inc.’s forward-looking statements. Except as required by law, Triton Emission Solutions Inc. disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. No stock exchange, securities commission or other regulatory body has reviewed nor accepts responsibility for the adequacy or accuracy of this release. Investors are advised to carefully review the reports and documents that Triton Emission Solutions Inc. files from time to time with the SEC, including its Annual, Quarterly and Current Reports.
SOURCE Triton Emission Solutions Inc.