Navios signs LOI on scrubbers with BELCO

APRIL 12, 2017 — Navios Group member Navios ShipManagement Inc. has issued Parsippany, NJ, based DuPont subsidiary Belco Technologies Corporation (BELCO) a letter of intent (LOI) endorsing BELCO as the preferred supplier of exhaust gas cleaning systems (EGCS) for its vessels. The LOI also confirms that Navios and BELCO will carry out a joint feasibility study and techno-economic analysis of marine scrubbing units for retrofitting or newbuild installation on a variety of vessels, from bulk carriers to containerships and tankers.

"Talks with Navios reached this point because we are companies that are focused on reducing emissions efficiently," says Marco Dierico, BELCO's Business Development Manager. "With our technical capabilities and flexible, reliable exhaust gas cleaning systems, we are able to ensure that Navios maintains its emissions standards with full confidence

Navios Group operates a fleet of 163 owned and long-term charter-in vessels ranging from Capesize, to Panamax, Ultra-Handymax and Handy size bulk carriers, container vessels and MR2, LR1 VLCC and chemical tanker vessels deployed for complex freight movement around the world. BELCO specializes in the project management, process engineering, design, construction and commissioning of the DuPont exhaust gas cleaning system.

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