Speaking about the new International Maritime Organization global emissions caps affecting world shipping, BP Singapore Country President Terence Yuen voiced strong support for scrubber technology, according to a note published in Platts.
His remarks, delivered at the 18th Singapore International Bunkering Conference and Exhibition held 14-17 October, highlighted the money-saving advantages of using maritime scrubbers to achieve MARPOL Annex VI compliance, a challenge faced by shippers all over the world as new regulations go into effect.
Come January 1, 2015, the International Maritime Organization has mandated that the sulfur cap for the shipping industry will be 0.1%, down from the current 1%, in emission control areas.
Scrubbers are installed on ships’ engines to remove sulfur from bunker fuel.
Mr. Yuen said that there are around 106,000 vessels globally, and orders for scrubbers continue to grow monthly.
Installing scrubbers would also mean that if the global IMO mandated global cap were to drop lower, shipowners would already be ready for that change, he added. (Click here for a video on retrofitting a CR Ocean Scrubber into a bulk carrier.)
Shipowners currently have three main alternatives to cope with the mandate: utilizing marine distillates, installing scrubbers on board their ships so that they can continue using heavy fuel oil in their engines, or waiting for LNG bunkering infrastructure to develop for long-haul voyages, market sources said.
Here’s a White Paper on the economic advantages of such technology.
Full article in Platts
Should you need to find out more on how our technology can help with your S02 scrubbing needs, please email nconfuorto@croceanx.com or call him at: 1 (973) 455-0005.
The CR Ocean Engineering Maritime Scrubber