Tanker Owner Uses Norway’s Export Credit Agency for Scrubber Retrofits

Capt. John

A Bergen-based tanker owner is installing scrubbers on its entire fleet using financing from Norway’s export credit agency, reports Marine Propulsion.

What is it?

Inventor Chemical Tankers’ seven 19,000-gt chemical tankers qualify for export credit because they are deployed in foreign trade. Export Credit Norway and its guarantee agency GIEK will provide around US$10M in seven tranches, mirroring the retrofit equipment deliveries to take place over 2019.

How will it be done?
  • Financing is available...

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