Mitsubishi Shipbuilding, Mitsubishi Hitachi Power Systems (MHPS) and COSCO Shipping Heavy Industry subsidiary COSCO Shipping Heavy Industry (Dalian) (CHI Dalian) Tuesday entered a collaboration framework agreement to manufacture and market sulphur oxide (SOx) scrubbers.
The rectangular-shaped scrubber, developed by Mitsubishi, features superior space saving essential for on board installations.
The newly signed collaborative framework agreement allows Mitsubishi Shipbuilding, MHPS and CHI Dalian to provide the scrubber design, manufacture and installation processes under one roof for customer convenience.
Under the agreement, CHI Dalian will manufacture, assemble and deliver the SOx scrubbers and install them on ships.
“The rectangular SOx scrubber was developed for marine use by combining MHPS' comprehensive exhaust gas treatment technologies, cultivated through its exhaust gas desulfurization systems for thermal power plants, with Mitsubishi Shipbuilding's marine engineering expertise,” says Mitsubishi.
“By installing the desulphurisation system, with its strong track record, efficiently within the limited space available on a ship, the amount of SO2 contained in the vessel's exhaust gas when using conventional 3.5% sulphur-content fuel can be reduced to a level that conforms to the new emissions regulations coming into effect worldwide in 2020.”
Related: COSCO Shipping subsidiary to trial Mitsubishi scrubbers
Photo credit: Mitsubishi Heavy Industries
Published: 29 August, 2018
In a separate development, the Aframax tanker Brightoil Lucky has been arrested at Singapore port.
The first vessel is a Mongolia-registered tanker detained on 6 September, and the second is a Panama-registered tanker detained on 17 September in eastern Johor waters.
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.
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Company incurred approximately $14.5 million in non-recurring charges through various advisory fees and write-offs during the period.
Universal Alliance, BMS United, Digiland International, Goodwood Associates, Southernpec (Singapore), and Taigu Energy were involved in alleged circular fictitious trades of fuel oil during July 2015.
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