Tag: scrubbers

Queen Elizabeth cruise ship, the most recent addition to the Cunard fleet, has left Damen Shiprepair Brest (DSBr) in France, following a 12-day repair and refit programme. Under the programme, two scrubbers were installed on the ship.

Langh Tech and STX Offshore & Shipbuilding signed a deal regarding scrubber retrofits on seven vessels in the Polaris fleet. The four 180K bulkers and the three 300K VLOCs in the fleet will be equipped with open loop scrubbers. The component deliveries will start in summer 2019 and the installations will follow soon after component delivery.

Some major names in the shipping and oil industry aspire to raise $1 billion for a vehicle aimed at profiting from a clampdown on highly polluting marine fuels, pitching the investment vehicle as an insurance policy for shipowners or airlines against a spike in fuel costs, according to the Financial Times.

During this week there were reports that China has banned open-loop scrubbers from the country’s emission control areas. Commenting on this development, BIMCO said that, according to sources, the banned areas for discharging wastewater from scrubbers remain within inland ECAs, port waters under coastal DECA and the Bohai Bay waters only.

China has banned open-loop scrubbers from the country’s emission control areas. The new regulation, which came into force on January 1, bans vessels from discharging wastewater and burning residue from open-loop scrubbers. In addition, ships must record the details of wastewater and residue disposal.

Norway informed that the new legislation regarding the emissions reduction in the world heritage fjords will be delayed. The regulation was supposed to enter into force on 1 January 2019, but it is now scheduled for the end of February 2019. As the Norwegian Maritime Authority informed, the consultation has to comply with the EU time limit requirements.

Industry response to the 2020 global sulphur cap is still developing and reveals approaches which are diverse. There are challenges around the financing of retrofitted scrubbers on an asset finance basis. These are not insuperable but there does not currently appear to be a ‘one size fits all’ financing solution which is quick and easy.

Another exciting year is coming to an end. With only few days left until the end of 2018, SAFETY4SEA looks back on the events that defined the environmental stage of the shipping industry. 2020 sulphur cap, scrubbers, LNG, emissions; these are all topics that made the headlines throughout the year. But let’s take a closer look at those topics, which now are at the core of the shipping industry.

Singapore-based shipping owner Quantum Pacific Shipping has secured a US$40m Green Loan from the bank giant BNP Paribas, to finance the purchase and installation of scrubbers for its fleet. The signing of this agreement is considered as the first green loan issued to a shipping company in Asia Pacific.

Ahead of the 2020 sulphur cap, ONE decided that it will adopt low-sulphur compliant hybrid oil, with 0.5% sulphur content. The company explained that this would be the most realistic and cost-efficient, short term solution, available. In addition however, ONE will also consider other possible solutions such as scrubbers and LNG as a fuel, which may be employed in the future.