Monaco-based dry bulk shipping company Scorpio Bulkers has decided to postpone the installation of exhaust gas cleaning systems on thirteen of its vessels until at least 2021 as part of its cost-cutting measures. The bulk carrier owner said that the move is expected to delay the payment of between $
Finland-based company Valmet has signed a contract with Mitsubishi Heavy Industries’ Shimonoseki Shipyard to deliver hybrid scrubber systems and water treatment units to two ferries. Specifically, the delivery includes Valmet marine scrubber hybrid systems which can be operated both in closed and op
The collapse of the oil market has seen prices of marine fuels compliant with the IMO 2020 sulphur regulation dwindle providing some ease for shipowners in the unprecedented economic crash. “From a shipowner’s or charterer’s perspective, the lower bunker prices provide a glimmer of hope in bleak tim
Norwegian-based ballast water treatment (BWT) specialist Optimarin has launched a leasing option within the BWT segment as a response to the growing need for more flexibility in financing solutions. The company said that the leasing option is the first of its kind in the segment and comes amid chall
US-based shipowner Eagle Bulk Shipping has completed its scrubber installation program in early April, fitting exhaust cleaning systems on 41 ships, the equivalent of 82 percent of the company’s fleet. As such, the company expects its off-hire days to be historically low as ships continue trading wi
The United States Coast Guard (USCG) Marine Safety Center (MSC) has granted its 31th ballast water management system (BWMS) type approval certificate to Japan-based company Miura Co. Ltd.
Arab Shipbuilding and Repair Yard Company (ASRY) has completed a scrubber retrofit project in a record 29 days, the shipyard said. Shipowners have been investing heavily in the installation of scrubbers on their ships as a way of meeting the IMO 2020 sulphur cap that entered into force on January 1,
Monaco-based tanker owner and operator Scorpio Tankers has secured additional liquidity having received new loan commitments for debt repayment. The company said it had received a commitment for a new credit facility for up to $225 million. The loan, still to be finalized, is expected to consist of
Germany’s Hamann AG is supplying sewage and wastewater management systems for three new US regional-class research vessels (RCRV) currently under construction at Gulf Island Shipyards in Houma, Louisiana, USA.
Crude oil tanker company DHT Holdings has postponed the installation of scrubbers on five of its ships, leaving the ships to trade for a while longer and reap fruit from a strong tanker market. The company currently has 13 ships fitted with scrubbers out of the planned 18 very large crude carriers s
Norwegian company Fjord Shipping has entered into a deal with German technology group GEA to equip one of its vessels with GEA BallastMaster marineX. The ship in question is a small oil and chemical tanker named Key South, built in 2010. The BallastMaster marineX is a product GEA made in partnership
Capesize shipowner Seanergy Maritime Holdings Corp. has entered into a time charter agreement with commodity trading and mining company Glencore for an additional Capesize vessel.
The United States Coast Guard (USCG) Marine Safety Center (MSC) has issued its 30th ballast water management system (BWMS) type approval certificate to the US-based manufacturer Hyde Marine.
Swedish engineering group Alfa Laval saw a significant drop in demand for its exhaust gas cleaning systems (scrubbers) during the first quarter of this year, the company said in its quarterly report. The order intake was down year-on-year amid general uncertainty around retrofit yard slot availabili
