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Pacific Green Technologies: Scrubber order book continues growth

Gas scrubber demand is still strong for those companies with huge production capacity, says scrubber firm.

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Scrubber technology firm Pacific Green Technologies (PGT) on Monday (5 August) published an article ‘Gas Scrubber Demand Is Still Strong For Those Companies With Huge Production Capacity’:

Business and leadership consultants have become fond of declaring that we live in VUCA times: volatile, uncertain, complex and ambiguous.

To those in the maritime industry, this is pointing out the obvious.

The last couple of years have been some of the most challenging in the shipping sector’s history. The realisation that the IMO’s new sulphur fuel cap would go ahead as planned on 1 January 2020 unleashed a torrent of competing market forces.

Stakeholders throughout the industry have been in a constant state of reactivity, unsure of what the next week would hold.

Volatile. Uncertain. Complex. Ambiguous.

The market for marine scrubbers has been a study in disruption.

These are the qualities of disruption. In situations like this, it is only the tough, resilient and resourceful that survive.

And, it turns out, those with major production capacity.

The market for marine scrubbers has been a study in disruption. Five years ago, it barely existed. Around this time last year, just over 500 scrubbers had been installed or ordered.

Latest estimates now put that figure at 2,947. This number was expected to grow to close to 4,000 by the end of 2020.

The growth in demand has been phenomenal, far exceeding expectations. But now, sentiment seems to be shifting again.

Recent news from Wärtsilä, Alfa Laval and Yara Marine – three companies who last year were estimated to manage 75% of the world’s scrubber market – suggests that scrubber demand may be declining.

Wärtsilä has lowered its marine demand outlook for the next 12 months due to a reduction in scrubber orders, which it attributes to uncertainty regarding fuel price developments. The company has also observed lower overall vessel contracting volumes.

Meanwhile, Alfa Laval has reported a drop in quarterly orders, falling short of predicted scrubber numbers. The firm cites shipowners’ indecision around low-sulphur fuels and ambiguity resulting from some ports banning scrubbers.

Finally, Yara Marine is up for sale, something which has been taken to suggest doubt in the strength of scrubber demand, despite the fact that Yara has been mulling the sale of its marine scrubbing business for some time.

The strategic value of Yara Marine’s sale hints that perhaps things are not on the decline that doomsayers say suggest.

This was acknowledged in October 2018, at a time that Yara Marine was looking to double its workforce to meet what it anticipated to be a doubling in demand. That does not sound like a company trying to cut its losses.

The strategic value of Yara Marine’s sale hints that perhaps things are not on the decline that doomsayers say suggest. The marine market has proved extremely sensitive over the last 18 months, with negative opinions taken up quickly and shared loudly.

But a trend in one corner of the market is not the whole truth. Pacific Green Technologies (PGT), for example, has seen its scrubber order book continue to grow unabated.

In the early part of July the company announced that Scorpio Bulkers Inc. had ordered a further 14 ENVI-Marine™ emission control systems for vessels it owns or manages in 2020, at a combined cost of USD$20.3m.

These scrubbers use PGT’s patented TurboHead™ technology and follow the 52 scrubbers ordered by Scorpio in late 2018.

Scorpio joins major clients like Landbridge Group and Ridgebury Holdings LLC in building out PGT’s increasingly healthy pipeline.

“We are one of the few marine scrubbing companies with the scale to fulfil major orders,” says Executive Director Scott Poulter.

“We now have an order book in excess of USD$200m and the technical know-how, the people and the facilities to manufacture our systems on a large scale,” added Poulter.

The large-scale capabilities Poulter refers to are by virtue of the joint venture PGT shares with PowerChina SPEM. PowerChina is one of the world’s largest engineering procurement construction companies with 2018 revenues of $59.93 billion.

A partnership of this kind, one that combines elite technical expertise with raw production capacity, offers shipowners opportunities that simply aren’t possible when working with smaller operators.

The survivors are those who are able to build and fit scrubbers at scale.

Any slowdown in worldwide scrubber demand is partly due to the perception that time has run out to install a scrubber before IMO 2020 takes effect in January.

Yet, this is also one of the reasons PGT’s orders have continued to grow. Through its unique association with PowerChina, Pacific Green Technologies can simply do things that other suppliers can’t.

Though the last 18 months have seen a surge in scrubber orders, they have also seen attrition on the supply side of the market. Small-scale providers who entered the field to capitalise on the glut in demand have been weeded out.

The survivors are those who are able to build and fit scrubbers at scale, offering shipowners the chance to gain maximum financial benefit from their investment.

And among those survivors, PGT continues to expand, positioning itself as a market leader with an experienced team that understands and anticipates client needs.

Photo credit: EGCSA
Published: 8 August, 2019

 

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Alternative Fuels

Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

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Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Taiwanese shipping firm Yang Ming Marine Transport Corporation (Yang Ming) and South Korean shipbuilder Hanwha Ocean on Wednesday (2 September) signed a shipbuilding contract for six 13,000 TEU class LNG dual-fuel container vessels. 

The contract was signed by Dr. Chuck Tsai, Chairman of Yang Ming, and Mr. Charles Kim, CEO of Hanwha Ocean. The vessels are scheduled for delivery between 2028 and 2029. 

They will complement Yang Ming’s existing fleet of 10,000+ TEU vessels and serve as key vessels on East-West services, with deployment flexibility across trade lanes connecting Asia with the East and West Coasts of North America, South America, and the Mediterranean. 

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

“As Yang Ming transitions toward net-zero emissions, LNG provides a relatively mature and economically viable alternative fuel solution, capable of reducing greenhouse gas emissions by approximately 20%,” the company said. 

“At the same time, ammonia can serve as a carbon-free fuel by utilising converted LNG storage facilities, while offering relatively lower conversion costs and comparatively well-developed supply chains and infrastructure. The Ammonia Fuel Ready design will therefore provide Yang Ming with greater flexibility in responding to increasingly stringent international regulations on greenhouse gas emissions.”

In addition, the vessels will be equipped with Type B LNG fuel tanks with a design pressure of 1.0 bar to enhance the safety and efficiency of LNG operations, together with a range of energy-saving technologies, including Wind Shields, Rudder Bulbs, Pre-Swirl Stators, and Shore Power Systems. Smart ship technologies and cybersecurity protection features will also be incorporated to enhance operational efficiency, safety, and reliability while effectively reducing fuel consumption and greenhouse gas emissions.

Deliveries under Yang Ming’s next-generation fleet optimization plan commenced earlier this year. By 2030, a total of 24 new vessels are expected to enter service. 

This includes 18 LNG dual-fuel vessels—comprising five 15,500 TEU, seven 16,000 TEU, and the six 13,000 TEU vessels under this contract—alongside six 8,000 TEU methanol dual-fuel-ready ships. 

 

Photo credit: Yang Ming Marine Transport
Published: 4 September, 2026

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Alternative Fuels

LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Both secured AiP for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

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LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Lloyd’s Register (LR) and the Marine Design and Research Institute of China (MARIC) on Thursday (3 September) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

Announced at SMM 2026, the concept addresses one of the biggest investment challenges facing shipping today: the need to develop vessels and capabilities that can support a range of alternative fuel options and pathways as technologies, infrastructure and regulations evolve.

While LNG is already a mature fuel pathway, methanol and ammonia remain at an earlier stage of development, with questions around global fuel availability, infrastructure development, economics and long-term adoption.

The 114,000 DWT tanker concept has been designed as a product and crude oil carrier that can accommodate future conversion to LNG, methanol or ammonia as technologies, regulations and fuel supply chains mature. By incorporating conversion readiness at the design stage, the concept aims to reduce future retrofit complexity and provide owners with greater confidence when planning long-term fleet investments.

The design concept was reviewed against LR’s July 2026 class rules and regulations, including requirements relating to ships using gases and other low-flashpoint fuels, alongside relevant IACS Common Structural Rules for oil tankers. Final classification and statutory approval remain subject to full compliance with all applicable rules and regulations.

Theo Kourmpelis, Global Business Director for Tankers, Lloyd’s Register, said: “Shipowners are being asked to make major investment decisions today despite continued uncertainty around which fuels will dominate in the decades ahead. Alternative fuel solutions each offer potential pathways to compliance, but fuel infrastructure, regulation and economics continue to evolve at different speeds around the world.

“Designs that preserve flexibility will be critical in helping owners manage risk while preparing for multiple future scenarios.”

Si Nan, Marine & Offshore Marketing Department Vice Director, MARIC, said: “As the industry explores different decarbonisation pathways, shipowners need vessel designs that can adapt alongside technological and regulatory developments. This concept was developed specifically to provide greater fuel flexibility and long-term resilience, allowing owners to respond to changing market requirements without being locked into a single fuel strategy.

“Receiving Approval in Principle from Lloyd’s Register is an important milestone that validates the design concept and supports its future development.”

 

Photo credit: Lloyd’s Register
Published: 4 September, 2026

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Alternative Fuels

DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

LNG-fuelled vessels accounted for the vast majority of August activity while the strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year.

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DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

Latest data from classification society DNV’s Alternative Fuels Insight (AFI) platform alternative-fuelled vessel ordering was strong in August, with 52 new vessels added to the platform.

This is the highest monthly total since October 2024 and follows another active month in July, when 47 vessels were added to the database.

LNG-fuelled vessels accounted for the vast majority of August activity, with 46 orders recorded. The container segment led the way with 30 orders, while the car carrier segment contributed a further 12 LNG-fuelled vessels. In addition, four ethanol-fuelled bulk carriers and two hydrogen-powered bulk carriers were added during the month, as well as one LNG bunker vessel.

The strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year. In total, 242 alternative-fuelled vessel orders have been placed in the first eight months of 2026, representing a 27% increase compared with the same period in 2025.

LNG remains the dominant fuel choice, accounting for 63% of all alternative-fuelled vessel orders registered so far this year. Container vessels represent the largest share of these LNG orders (59%), followed by car carriers (30%).

Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said: “The past two months have been particularly strong for alternative-fuelled vessel ordering, with August recording the highest monthly total we’ve seen since October 2024. This has helped lift year-to-date orders to a level well above the same period last year.

“LNG remains the leading fuel choice, driven largely by activity in the container and car carrier segments. These sectors have been among the earliest adopters of alternative fuels, supported by predictable liner operations and increasing demand from cargo owners to reduce emissions across supply chains. 

“For many owners, LNG offers a combination of emissions reductions, fuel availability and future flexibility while the longer-term fuel landscape continues to evolve. 

“At the same time, the latest figures include orders for ethanol- and hydrogen-fuelled vessels, highlighting that owners continue to explore a range of decarbonization pathways. Different segments are making different fuel choices, but the overall level of activity demonstrates continued investment in lower-emission shipping.”

Screenshot 2026 09 04 at 12.29.26 PM Screenshot 2026 09 04 at 12.29.36 PM

 

Photo credit: DNV
Published: 4 September, 2026

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