Sulphur Cap Scraps Chemical Tankers 6 Years Earlier

Chemical tankers could be scrapped five to six years earlier ahead of their estimated lifespan.

Amid the International Maritime Organization’s move to implement a 0.50% sulfur cap on marine fuel from 2020, a report from Eastport Research & Strategy showed, chemical tankers could be scrapped earlier.

The average age for a chemical tanker before it is scrapped is about 26 years. Now with the IMO’s cap, chemical tanker owners might either opt to install scrubbers or burn...

http://mfame.guru/sulphur-cap-scraps-chemical-tankers-6-years-earlier/