Gothenburg, Sweden, headquartered vessel driver Stena Bulk is to mount exhaust gas scrubbers on 16 ships prior to the January 2020 IMO sulfur cap due date.
In all, 10 IMOIIMAX vessels, 5 Suezmaxes as well as one typical MR will certainly be outfitted with scrubbers, standing for a financial investment worth $55 million consisting of tools, installment as well as break of solution.
Stena Bulk claims that the repayment time for the financial investment is in between 1.5 as well as 2.5 years which, it claims, “has already been secured by hedging the fuel spread.”
Stena Bulk claims that schedule of IMO 2020 certified battle around the globe has “now become a concern to many.”
“We evaluated the different options and came to the conclusion that for our business by installing scrubbers we will secure greater availability of fuel for our vessels and so limit our exposure to not finding the right fuel around the world, enabling us to stay flexible in our trading,” claims President & & CHIEF EXECUTIVE OFFICER Erik Hånell.
The scrubber kind to be mounted is an Open Loop Hybrid Ready system with Water Cleaning, which not just eliminates sulfur however additionally bits from the exhaust.
