According to the deal, Intermarine will be an agent to Shandong and will offer to install its scrubbers to several ships to assist them comply with upcoming environmental regulations.
Shandong's scrubbers have an installation time which can save up to 25 days on the average scrubber installation. In addition, Portland Port's will be offering a sheltered harbor for various large ships, with numerous deep-water berths and low tidal ranges.
Intermarine President Slawomir Kalicki added that while some of the worldwide merchant fleet of 95,000 ships are expected to choose compliant fuel, especially the cheaper blends, to meet the 2020 sulphur cap, this option come with high risks.
He explained that the risk of off-specification fuel, the possibility for engine failure and port state penalties, as well as supply and price constraint make scrubbers an attractive alternative solution. Mr. Kalicki continued by saying that:
Scrubber pay-back is estimated at one to three years depending on ship size, according to classification society DNV GL’s 2018 report Global Sulphur Cap 2020. Working with Shangdong we aim to position Intermarine’s Portland Port operation as one of the UK’s prime locations for scrubber installation