OSLO, Sept 13 (Reuters)– Chemical vessel company Odfjell claimed it will certainly not purchase scrubbers to tidy gas on its vessels to follow brand-new more stringent exhaust guidelines from 2020 however rather get gas which fulfills the brand-new criteria.

To fight air contamination, the International Maritime Organization (IMO), the United Nations’ delivery company, has actually established worldwide policies to cover the sulphur material in aquatic gas, referred to as shelters, at 0.5 percent, below 3.5 percent currently.

Shipowners can either set up scrubbers, which clean up the less expensive high sulphur gas oil, or get more expensive aquatic gasoil.

“Our conclusion for the moment is that it does not make sense for Odfjell (to install scrubbers),” CHIEF EXECUTIVE OFFICER Kristian Moerch claimed at a oil and also overseas seminar on Thursday.

“First of all our fleet spends around 50 percent of its time in ports, then scrubbers are pointless, and the second part is that 60 percent of our revenues are covered by contracts with our customers and they have bunker adjustment clauses,” Moerch claimed, describing payment for any kind of surge in shelter costs.

He claimed he likewise assumed this was the duty of the oil market.

“Fundamentally I truly do not see why the delivery market ought to fix a trouble the oil market have.

“Everything comes back to if you believe this spread of $300 (of high sulphur fuel oil vs low sulphur fuel oil) will stay or not,” Moerch claimed.

Odfjell has and also runs in overall 85 chemical vessel vessels.

Whether to set up scrubbers or otherwise is an essential concern in the delivery market in advance of brand-new 2020 IMO gas policies and also Maersk claimed the other day that they will certainly purchase scrubbers on several of its vessels. (Reporting By Ole Petter Skonnord, modifying by David Evans)

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