Maersk Tankers: Scrubbers on Selected Vessels By 2020

  • IMO regulation states current global limit for sulphur content in fuel oil used on board vessels will change from 3.50% to a maximum of 0.5% from January 2020.
  • Vessels should either have scrubbers installed on board or use compliant fuel with a maximum sulphur content of 0.5% outside ECAs.
  • Maersk opted scrubber installation after analysing and evaluating various options, taking into account the long-term financial viability and environmental impact.
  • Scrubber systems will be installed on one...

http://mfame.guru/maersk-tankers-scrubbers-on-selected-vessels-by-2020/

How To Raise US$50M and Purchase Three Tankers in 18 Months

According to Tanker Shipping, at the Asian Tanker Conference, AG Shipping & Energy’s global head and head of trading, Mangish Kakodkar shared his journey.

Challenging times

AG Shipping & Energy’s global head and head of trading, Mangish Kakodkar, shared his 18-month journey to tanker ownership to show how “normal people like me, my brother and cousin” can in challenging times “come out of our comfort zone at an established company, set up on our own, raise US$50M and purchase three tankers.”

AG...

http://mfame.guru/how-to-raise-us50m-and-purchase-three-tankers-in-18-months/