‘This is expected to delay the payment of between USD 20.0 million and USD 25.0 million of expenditures until 2021 at the earliest,’ reads company report.
Crew who understand the system and regulatory issues will increase the lifetime of machinery, reduce opex, and, crucially, lower the risk of non-compliance.
The order was placed in the first quarter of 2020 and equipment deliveries scheduled between the last quarter of 2020 and the second quarter of 2021.
Demand for the vessel exhaust cleaning equipment known as scrubbers has fallen because of a narrowing spread between high- and low-sulphur fuel, it says.
ABS shares experience learned from installation and commissioning to common hardware failures for scrubbers, and the type of consumables that are typically needed.
Bunker fuel prices have been unstable since the implementation of IMO 2020 and with it, the premium for scrubber-fitted bulk carriers, says shipbroking firm.
Closure of discharge valves advised whilst ships are in Turkish waters due to wide interpretation of the term ‘pollutant’ by authorities despite circular guidelines.
Despite narrowing price spread between HSFO and VLSFO, stakeholders anticipate increased uptake of scrubbers for larger ships as returns are still attractive, says DNV GL.
Company spokesman for Torm notes of ‘minor delay’; while scrubber installations of DHT Holdings and Swedish Stena Bulk have been respectively postponed.
Scrubber technology firm advises owners to consider the particular profile and route of a vessel when selecting scrubbers, despite obvious cost benefits accrued.
