Wednesday, June 26, 2019

Exhaust Gas Cleaning Systems News

© Petr Ciz/AdobeStock

Diesel Traders: Shortage is Coming

Gasoil traders expect the middle distillates market to stay well supplied until almost the end of 2019 before swinging into deficit with the introduction of new maritime fuel regulations.Calendar spreads for low-sulphur gasoil delivered to Europe's Amsterdam-Rotterdam-Antwerp hub are currently in contango through until October before shifting to backwardation from November onwards.In futures markets, contango structures, where future contract prices are higher than front-month prices, are associated with expectations of adequate or rising inventories.

Photo: KSB SE & Co. KGaA

New Pumps for Exhaust Gas Cleaning Systems

To curb global marine and air pollution, stricter limits on the sulphur dioxide content of marine exhaust gases stipulated by the EU and IMO (International Maritime Organization of the UN) will apply from 2020. From an engineering point of view, this can be achieved by using natural gas or fuels with a low sulphur content, and by cleaning the exhaust gases with a scrubber.For on-board exhaust gas cleaning systems KSB ITUR Spain S.A., a KSB Group company of located in Zarautz,…

Pic: Scorpio Bulkers Inc.

Scorpio Bulkers Borrows to Fit Scrubbers

Scorpio Bulkers, a shipping company that owns and operates dry bulk carriers worldwide, announced that it has reached agreements with certain lenders to to increase certain existing credit facilities by a total of $41 million.The Monaco-based dry bulk shipping company said in a press release that the agreement in order to finance the installation of exhaust gas cleaning systems (scrubbers) on certain of its vessels.The additional amounts will be drawn upon the installation of the scrubbers on these vessels, and are structured as upsizings of existing credit facilities.

Image: Carnival Corporation

Scrubber Safe for Environment: Carnival

Carnival Corporation has released the results of an independent, two-year scientific scrubber wash-water study.The study shows the company’s advanced air quality systems (i.e. scrubbers) are in compliance with the International Maritime Organization’s (IMO) 2020 requirements, which include regulations for cleaner air emissions and strict wash-water quality standards.The study also concluded that the wash-water samples from scrubbers were below the limits set by several major national and international water quality and land-based water discharge standards…

Pic: Spliethoff

Spliethoff Gets Green Loan From ING, EIB

Dutch banking group ING and the European Investment Bank said they will provide a EUR 110 million ($123 million) loan to Dutch ship management firm Spliethoff’s Bevrachtingskantoor B.V. for retrofitting vessels with exhaust gas cleaning systems.According to a European Commission press release, Spliethoff will use the loan to retrofit 42 of its vessels with exhaust gas cleaning systems and ballast water management systems.The loan is part of the ING and EIB EUR300mln Green Shipping partnership signed in 2018…

The picture shows the vessel for which ICE in 2013 performed its first scrubber retrofit project, at the time a pioneering project. Photo courtesy: shipspotting.com and provided by ICE.

ICE Bags Scrubber Retrofit Contract

Europe's largest independent ship design company International Contract Engineering (ICE) announced that it has won new contracts for scrubber retrofit design services for a series of container vessels for a leading European shipowner.ICE’s scope of work includes basic design, detail design and development of production information.The hybrid exhaust gas cleaning systems will be supplied by a prominent European supplier, said the provider of designs for commercial ships, naval & coastguard ships…

Cunard’s Queen Elizabeth (Photo: Damen Shiprepair Brest)

Damen Completes Refit of Cunard’s Queen Elizabeth

Cunard’s Queen Elizabeth has left Damen Shiprepair Brest (DSBr) following a 12-day repair and refit program. She is the most recent addition to the Cunard fleet, having been delivered in 2010.The program was highly intensive with a series of major systems being overhauled or installed. On arrival the ship was placed in Damen Shiprepair Brest’s drydock number 3, one of the largest in Europe at 420 meters, and the relevant manufacturers began immediately on maintenance to her stabilizers…

Yara Marine Opens Shanghai Office. From left to right: William Gao, Michael Chang ( general manager) Alice Li, John Jiang (Photo: Yara Marine)

Yara Opens Shanghai Office

As the demand for its exhaust gas cleaning systems -- aka. 'scrubbers' -- has grown, Yara Marine Technologies  opened its new office in Shanghai. Peter Strandberg, CEO, Yara Marine, explains: “A large percentage of scrubber installations will be executed in the Asia-Pacific region. A strong local presence in Shanghai is key to global customer support and our business."To date Yara Marine has delivered more than 100 scrubbers representing an aggregate operation of some two million hours.

Image: Quantum Pacific Shipping Services

Quantum Pacific: $40m 'Green Loan' for Scrubbers

Singapore-based Quantum Pacific Shipping (QPS) has received a loan from BNP Paribas to finance the purchase and installation of exhaust gas cleaning systems on its vessels.The loan up to $40 million is arranged on Quantum Pacific’s behalf by its management company Eastern Pacific."BNP Paribas is the lender, agent and security trustee for the Green Loan, which finances the cost of purchasing and installing marine exhaust gas cleaning systems (Scrubbers) for 16 vessels under the QPS fleet…

Stamatis Tsantanis, the Company’s Chairman & Chief Executive Officer / CREDIT: Seanergy

Seanergy Maritime to Install Scrubbers on its Capesize Fleet

Seanergy Maritime Holdings Corp. announced that it has entered into commercial agreements for the installation of exhaust gas cleaning systems (scrubbers) on five of its capesize bulk carriers before the January 1, 2020 implementation date of the IMO sulfur emission cap regulations.Upon completion of the installations scheduled for Q2 and Q3 2019, the vessels will commence index linked period employment with three leading dry-bulk charterers ranging in durations between three and five years.Stamatis Tsantanis…

Seanergy, Charterers Take the Scrubber Plunge

Seanergy Maritime Holdings Corp. entered into commercial agreements for the installation of exhaust gas cleaning systems on five of its capesize bulk carriers -- M/V Partnership, M/V Lordship, M/V Premiership, M/V Squireship and M/V Championship -- before the January 1, 2020 implementation date of the IMO sulfur emission cap regulations. The company secured the scrubber equipment from Hyundai Materials, a  Korean manufacturer, and and will re-fit the ships in China. The total investment…

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Scrubbers Market to Surpass $8 Bln by 2024 -Report

The market for marine exhaust gas cleaning systems, also known as scrubbers, is expected to continue generating momentum in the years ahead amid increasing concern toward maritime pollution and new environmental regulations. The global market share for marine scrubbers is predicted to surpass $8 billion by 2024, according to a report by Global Market Insights.As per the latest International Maritime Organization (IMO) legislation, effective from January 1, 2020, the maximum limit of sulphur in fuel oil used on board ships will be 0.5 percent m/m…

Photo: Star Bulk

Star Bulk Carriers to Equip its Fleet with Scrubbers

Star Bulk Carriers announced  that it intends to equip its entire fleet with Exhaust Gas Cleaning Systems (scrubbers) before the January 1, 2020 implementation date of the new IMO sulfur emission cap regulation.The global shipping company focusing on the transportation of dry bulk cargoes said in a press release that it expects average cost, including installation, to be below $2.0 million per vessel. Star Bulk  has secured debt financing with an average margin of below 3.0% to…

(File photo: Eagle Bulk Shipping)

Eagle Bulk Orders up to 37 Scrubbers

Dry bulk shipowner Eagle Bulk Shipping announced this week it will purchase up to 37 exhaust gas cleaning systems, also known as scrubbers, from an undisclosed manufacturer as part of its strategy to comply with new regulations that limit ships’ sulphur emissions from 2020.The U.S.-headquartered shipowner said it has placed firm orders for scrubbers to be retrofitted on 19 of its vessels ahead of the January 1, 2020 implementation date of the International Maritime Organization’s (IMO) 0.5 percent sulphur cap rules.

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High-sulphur Fuel Demand Outlook Jumps as Shippers Soften Stance on Scrubbers

Demand for high sulphur marine fuels is likely to see a smaller drop than previously expected by 2020, said consultancy FGE, as changing attitudes to sulphur-stripping technologies from large shippers alter the outlook for use of the fuels.More than 2,100 vessels are now expected to be equipped with exhaust gas cleaning systems, known as scrubbers, by 2020, up from 1,500 ships previously, said Thomas Olney, energy consultant at FGE in Singapore.Adding to the improved demand outlook is "a much greater skew towards installing scrubbers on larger vessels that burn higher quantities of fuel…

Photo: SMM

Green Shipping: Toward a Clean Future

The International Maritime Organization (IMO) has announced its targets of cutting greenhouse gas emissions from global shipping in half by the year 2050, and to make ships entirely CO2-neutral before 2100. But long before that, the so-called sulphur cap will take effect: From 2020 all oceangoing ships must run on fuel that contains no more than 0.5 per cent of sulphur. According to estimates by classification society DNV GL, up to 70,000 ships will be subject to this requirement.

© Stockninja / Adobe Stock

More Ships Adding Scrubbers ahead of 2020

An increase in the number of ships adding cleaning systems to their smokestacks will mean vessels will continue to burn a sizable amount of fuel oil once new sulphur regulations for the fuel go into effect, Vienna-based consultancy JBC Energy said on Tuesday.Ships installed with exhaust gas cleaning systems, known as scrubbers, are expected to burn 600,000 barrels per day (bpd) of high-sulphur fuel oil (HSFO) in 2020 when the new rules from the International Maritime Organization (IMO) start…

The installation represents one of the first scrubber retrofits to be carried out in a Chinese yard, a reflection of the industry-wide acceleration in the global scrubber market. (Photo: CTG)

CTG Wash Water Monitor Installed on Scrubber Retrofit in China

A Sea Sentry wash water monitoring system for ship exhaust gas cleaning systems from maritime sensors manufacturer Chelsea Technologies Group (CTG) has been installed in a Shandong Pure Ocean Technology scrubber, which has been retrofitted to Liberian-flagged bulk carrier BAO Glory, at the Weihai Xinhong shipyard in Weihai, China.The installation represents one of the first scrubber retrofits to be carried out in a Chinese shipyard, a reflection of the industry-wide acceleration in the global scrubber market…