heavy fuel oil

Scrubber fittings plummet as cost advantage is mitigated by low fuel price

Although now nearly a quarter of the world’s containership fleet by capacity is fitted with exhaust gas cleaning scrubber technology, new retrofit orders for the technology are “almost zero”, according to a leading manufacturer.
During a Q2 results presentation last Friday, Wartsila CEO Jaako Eskola said: “Today the fuel [price] spread between high-sulphur and low-sulphur fuel is so low that the retrofitting order intake in scrubbers is pretty much almost zero.”
Meanwhile, …

The post Scrubber...

https://theloadstar.com/scrubber-installations-plummet-as-cost-advantage-is-mitigated-by-low-fuel-price/

Evaluation study gets underway into onboard maritime carbon capture and storage

Graphic: a ball and stick model of carbon dioxide (C02) showing an atom of carbon (grey) and two atoms of oxygen (red). Credit: Jynto / Wikipedia under CC0

International maritime design and engineering consultancy Houlder has begun a study into the potential marine application of carbon capture technology onboard ships.

It has partnered with PMW Technology, which has developed an “Advanced Cryogenic Carbon Capture” a process designed to extract carbon dioxide from marine exhaust gases.

The key...

https://shippingaustralia.com.au/evaluation-study-gets-underway-into-onboard-maritime-carbon-capture-and-storage/

IMO prepares to ban ships carrying HFO and has another look at scrubbers

The IMO’s sub-committee on pollution prevention and response (PPR) will this week finalise details of the ban from 1 March on the carriage of HFO (heavy fuel oil) on ships not fitted with scrubbers.
The agenda for the London meeting also includes scope for further work on revising the guidelines for the use of the exhaust gas cleaning system alternative to LSFO (low-sulphur fuel oil) in the light of the experience …

The post IMO prepares to ban ships carrying HFO and has another look at scrubbers

https://theloadstar.com/imo-prepares-to-ban-ships-carrying-hfo-and-has-another-look-at-scrubbers/

Wärtsilä To Supply Customized Hybrid Scrubber Solution To Two NCL Ships

Wärtsilä to supply customized Hybrid Scrubber solution to two Norwegian Cruise Line ships

The technology group Wärtsilä will supply Hybrid Scrubber system packages, specially customized to meet the specific needs of two cruise vessels. The ships are owned and operated by Norwegian Cruise Line (NCL).

The 325 metres long ‘Norwegian Breakaway’ and ‘Norwegian Getaway’ vessels will be fitted with Wärtsilä scrubber systems, enabling them to be in compliance with the International Maritime Organization’s (IMO) sulphur restriction legislation while operating on heavy fuel oil (HFO).

The...

https://www.marineinsight.com/shipping-news/wartsila-to-supply-customized-hybrid-scrubber-solution-to-two-ncl-ships/

Mixed fortunes for box ship owners as the year ends and a greener era looms

The containership charter market is ending 2019 on a mixed note, according to Alphaliner’s final analysis of the year.
“Larger vessels of 5,500 teu and over continue to benefit from a tight supply environment with continuously firm charter rates,” said the consultant.
Furthermore, it said that “the persistent lack of tonnage in these sizes” would bode well for owners, especially when demand picked up again next year.
“By contrast,” said Alphaliner, “the situation …

The post Mixed fortunes for...

https://theloadstar.com/mixed-fortunes-for-box-ship-owners-as-the-year-ends-and-a-greener-era-looms/

Scrubber pioneer MSC the worst-hit by delay as ships queue at yards for retrofitting

Another containership fitted with an exhaust gas cleaning system (scrubber) is added to the global fleet every 10 hours, according to Alphaliner data. 
However, the race to get scrubbers retrofitted on ships ahead of IMO 2020 regulations on 1 January has resulted in a significant extension of the budgeted downtime for many vessels. Some vessels are taking up to 100 days to be equipped as queues grow at yards. 
Despite its early proactive stance on …

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https://theloadstar.com/scrubber-pioneer-msc-the-worst-hit-by-delay-as-ships-queue-at-yards-for-retrofitting/

Cheaper fuel rescues box carriers’ Q3 margins, but IMO 2020 looms

Cheaper fuel prices saw ocean carriers improve their average operating margin to 3.6% in the third quarter.
This compares with just 0.6% in Q3 last year and is despite a 1.8% decline in freight rates.
According to Alphaliner, the Q3 market leader was Hapag-Lloyd, with an operating margin of 7.8%, followed by Maersk, at 7.3%. 
Dragging down the average for the carriers that publish their results was HMM, with a negative operating margin of -5.7%, extending …

The post Cheaper fuel rescues box...

https://theloadstar.com/cheaper-fuel-rescues-box-carriers-q3-margins-but-imo-2020-looms/

Compliance with IMO 2020 – shipowners’ worst fears materialising

The run-up to IMO 2020 is proving far from smooth sailing for shipowners, whether they opt for compliance through using low-sulphur fuel (LSFO) on their vessels or by investing in scrubber technology. 
Scrubber retrofits are taking longer and costing more than expected, throwing liner scheduling into confusion and resulting in tramp fixture cancellations, according to the Exhaust Gas Cleaning Systems Association (EGCSA). 
“A meteoric rise in orders and a global concentration of marine...

https://theloadstar.com/compliance-with-imo-2020-shipowners-worst-fears-are-materialising/

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