Torm in China JV with scrubber manufacturer and shipyard

NOVEMBER 9, 2018 — Copenhagen headquartered products tanker operator Tormhas established a joint venture with Denmark’s ME Production, a leading exhaust gas cleaning system manufacturer, and Guangzhou Shipyard International (GSI), which is

ABS Executive Kirsi Tikka discusses IMO 2020 Sulfur Cap

OCTOBER 30, 2018 — For shipowners, the clock is ticking on one of the shipping industry’s most significant air emission regulations. The IMO 2020 Global Sulfur Cap, due to take effect January 1,

Why Euronav is skeptical on scrubbers

OCTOBER 30, 2018 – “The direction of travel for the large tanker market has changed from going sideways to up,” said Euronav CEO Paddy Rodgers, as the Antwerp, Belgium, headquartered tanker giant

Hartree and Hunter to form pool of scrubber-equipped VLCCs

OCTOBER 24, 2018 — With the IMO global sulfur cap looming, Hartree Maritime Partners LLC and Hunter Group ASA plan to form a new pool of eleven scrubber-fitted VLCCs and will work

Scrubber-fitted bulkers may have early advantage, says MSI

OCTOBER 22, 2018 — With shipowners scrambling to meet IMO’s 0.5% sulfur cap by 2020, could those that have exhaust gas cleaning systems fitted already have a distinct advantage? U.K.-based consultancy Maritime

Star Bulk gets “Green Loan” for up to 50 scrubber retrofits

OCTOBER 10, 2018 — Last month Athens headquartered Star Bulk Carriers Corp (Nasdaq: SBLK, Oslo: SBLKR) reported that it intends to equip its entire fleet of 111 vessels with exhaust gas cleaning

How Hapag-Lloyd will handle $1 billion in added low sulfur fuel costs

OCTOBER 8, 2018 — Hapag-Lloyd says that the IMO global 0.5% sulfur cap on marine fuel will hit it with an estimated $1 billion in additional costs in its initial years, assuming

Newport Shipping buys 100 scrubbers for turnkey retrofits

OCTOBER 3, 2018 — London headquartered Newport Shipping Group has purchased 100 exhaust gas scrubbers, with options for an additional 100, from Chinese exhaust gas cleaning system manufacturer Weihai Puyi Marine Environmental

DNVGL: 2020 Global sulfur cap causing paradigm shift

By Jan Hagen Andersen, Business Development Director, DNV GL Maritime AUGUST 22, 2018 — The introduction of the new global sulfur cap in 2020 is causing nothing short of a paradigm shift in

Golden Ocean to install scrubbers on 16 Capesize bulkers

AUGUST 17, 2018 — John Fredriksen controlled dry bulk specialist Golden Ocean Group Limited announced results for the quarter ended June 30, 2018 that included net income of $9.0 million and earnings

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