According to Danish Shipping, several Danish shipping companies are installing scrubbers on their vessels, which clean the exhaust smoke from the vessels’ engines and remove sulphur and other particles, resulting to the ships being in line with the new international requirements.
Scorpio Group has added a further 23 scrubber units for $33.3m from Pacific Green Technologies to be installed on its bulker and tanker fleets. As the latter stated, ‘The Systems that are being fitted are a hybrid ready design, which allows them to be upgraded to a ‘closed loop’ configuration at a future date.’
SKTI informed that it will increase its offshore oil blending business by four times, reaching from the current 23,000 barrels a day, to 90,000 barrels next year. The company charters a large oil tanker and adds semi-finished products to produce LSFO. What is more, SKTI also plans to retrofit scrubbers on 19 ships.
NYK informed that it has concluded a contract with Japan Marine United Corporation to construct a next-generation energy-saving bulk carrier. After delivery in 2021, the ship is planned to transport raw materials for JFE Steel Corporation under a long-term charter contract between NYK and JFE Steel.
MPC Container Ships is seeking to finance new scrubber retrofits, using the insurance payout from the recent constructive total loss (CTL) of the container ship AS Fortuna, in September 2018. The scrubbers installations are expected to be completed by January 31, 2020.
Pacific Green Technologies (PGT) announced that Scorpio Bulkers has exercised options to install PGT’s ENVI-Marine system of additionally nine vessels that are either owned or managed by the shipping company.
The Exhaust Gas Cleaning System Association (EGCSA) has launched a free to access global database concerning operating rules for scrubbers for shipowners. The association says the database will assist shipowners with scrubber-equipped vessels in removing uncertainty and inaccurate information.
Valmet announced that it will supply scrubbers for ten container ships of COSCO SHIPPING Lines Co., Ltd. The scrubber systems will be installed in existing ships in China in 2019. The project is being performed in co-operation with Health Lead Development Ltd.
A series of five reports analyzing scrubbers from various environmental and economic aspects have just been released by Swedish Environmental Reserach Institute IVL. The reports analyze Activity 3 in the CEF funded project ‘Scrubbers – Closing the loop’. Activity 3 is the Integrated Life Cycle Balance (ILCB) of the project, evaluating environmental aspects of the project from different perspectives.
Okeanis Eco Tankers Corp announced that it has secured commitment to a $11 million secured loan facility for its scrubber retrofit project from BNP Paribas. The Facility incorporates an interest rate over Libor of 2.00%, a 5-year tenor, and a 4-year repayment profile starting one year after drawdown.
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