New York listed dry bulk shipowner-operator firm Eagle Bulk Shipping Inc. on Tuesday has exercised its options to purchase 15 additional exhaust gas cleaning systems (scrubbers) to be retrofitted on its vessels.
This follows the company’s prior announcement that it had entered into a series of agreements for the purchase of up to 37 scrubbers; comprised of firm orders for 19 scrubbers and an option for up to 18 additional units.
The latest development means Eagle Bulk Shipping is targeting to complete 34 scrubber installations by January 1, 2020.
Eagle Bulk, in partnership with a global engineering firm, has developed a scrubber installation program whereby a significant amount of the required retrofit work will be carried out onboard the vessels while at sea and trading, thereby reducing off-hire time as compared with a typical shipyard installation.
Following the announcement, Eagle Bulk maintains options to purchase up to three additional scrubbers.
Photo credit: Eagle Bulk Shipping Inc.
Published: 21 November, 2018
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