By Mike Wackett (The Loadstar) - Although now nearly a quarter of the world’s containership fleet by capacity is fitted with exhaust gas cleaning scrubber technology, new retrofit orders for the technology are “almost zero”, according to a leading manufacturer. During a Q2 results presentation last Friday, Wartsila CEO Jaako Eskola said: “Today the fuel [price] spread … [Read more...]
Pandemic Forces Ship Owners to Shelve Scrubber Plans
By Jonathan Saul LONDON, June 12 (Reuters) - Ship owners are postponing or canceling the installation of "scrubbers" that extract harmful sulfur emissions from their vessels as the coronavirus pandemic tightens finances. Regulations from United Nations agency the International Maritime Organization (IMO), which took effect in January, were viewed by the oil and shipping … [Read more...]
Carriers That Invested in Scrubbers May Find the Cost Higher Than Expected
Image: Shutterstock/Aleksey Stemmer By Gavin van Marle - Shipping lines that have invested in scrubber technology to comply with the IMO 2020 low-sulphur regulations may be forced to reconsider the wisdom of their investment, as fuel producers appear to be looking for ways to push prices up. Since the introduction of the legislation this year, the price differential … [Read more...]
Coronavirus Seen Slowing Scrubber Installs in China
File Photo: Wartsila Oyj TOKYO/SINGAPORE, Jan 31 (Reuters) - Shipping companies may face delivery delays of vessels fitted with exhaust gas filtering equipment that complies with anti-pollution rules that kicked in this year due to the impact from the virus outbreak in China, shipping sources said on Friday. A Mitsui OSK Lines executive said many … [Read more...]
Scrubber Queue Grows Ahead of IMO 2020
By Mike Wackett (The Loadstar) - Another containership fitted with an exhaust gas cleaning system (scrubber) is added to the global fleet every 10 hours, according to Alphaliner data. However, the race to get scrubbers retrofitted on ships ahead of IMO 2020 regulations on 1 January has resulted in a significant extension of the budgeted downtime for many vessels. Some … [Read more...]