19MAR2019 - NEWS - Swedish tanker shipping company Stena Bulk invests USD 55 million into scrubbers to comply with the upcoming IMO 2020 sulphur cap regulation

Swedish tanker shipping company Stena Bulk has recently made a USD 55 million investment in scrubbers that will encompass sixteen of the company’s vessels. Ten of the company’s IMOIIMAX vessels and five Suezmaxes will be equipped with the after-treatment systems. The order has now increased to sixteen ships and includes one additional MR tanker. This major investment includes equipment, installation and time out of service. Payback time of investment is between 1,5 and 2,5 years which has already been secured by hedging the fuel spread. By installing scrubbers on board, Stena Bulk intends to comply with the upcoming IMO 2020 sulphur cap regulation, which limits the sulphur content in fuel oil used on board vessels globally to a maximum of 0.5% from today´s 3.5% limit.

Published by Editor - www.Livebunkers.com at 19-Mar-2019 05:25:34 [UTC] , contact editor at editor@livebunkers.com