Some in the refinery industry claim that there won’t be much HSFO around after IMO 2020. These claims are nonsensical, and here’s why.
Rumours that the marine gas scrubber market is running out of steam are wide of the mark - especially for those scrubber providers with huge production capacities.
IMO 2020 has placed enormous pressure on stakeholders throughout the maritime industry. It is understandable, then, that debates around the most effective way to comply with the IMO’s new emissions standards have been animated.
The big question on shipowners’ minds has been: what do we do to effectively and affordably meet the new 0.5% sulphur (sulfur) cap?
IMO 2020: When Bigger is Better (Why You Need a Gas Scrubber Manufacturer With Huge Production Capacity)
Everywhere one looks there seems to be a rise in small-scale specialization – micro-breweries, artisanal coffee roasters etc. But, for shipowners hoping to start 2020 with an IMO-compliant scrubber that earns a quick payoff, it is large-scale specialization that ticks the boxes.
Scrubber uptake quadrupled in 2018. Around this time last year, just over 500 scrubbers had been installed or ordered. By the end of this year, 3 500 vessels are expected to have scrubbers.
With such radical growth, shipowners are right to have questions about how their scrubber needs will be satisfied. But scrubber suppliers are not made equal.
There are three things every owner should consider when choosing a scrubber specialist. But some don’t.
Critics of open loop scrubbers seem to forget that the technology was specifically accepted by the IMO as a legitimate means of complying with the new sulphur regulations. But their science-denying carping is irresponsible and potentially damaging.
China’s steel industry is bracing itself for the Chinese government’s ‘ultra-low’ emission controls due in 2025 - but steel producers fitting a Pacific Green Technologies scrubber can mitigate and eliminate that risk immediately.
May 2019 is almost behind us. Soon we will have only seven months remaining before the International Maritime Organisation's (IMO's) new 0.5% sulphur (sulfur) cap takes effect.
To understand the maritime industry's readiness for this radical change, it is useful to imagine a cycling race...
There’s nothing small about the shipping industry.
It is responsible for moving 90% of the world’s goods every year, mostly in the 20 million containers that are currently travelling across the planet. As you read this, you can be guaranteed that something around you – your chair, your desk, your computer, or the components in your smartphone – has probably spent more time on the open seas than you have.
These are uncertain times for the world’s oil markets. They have been particularly precarious since April 22nd when the US announced that it would not extend waivers granted to major economies buying oil from Iran.