IMO 2020: Why scrubbers can be the best bet for shippers
Sep 17: 8With IMO 2020 deadline approaching, the projection is that out of a total fleet of more than 70,000 ships only 1-2% will have scrubbers in 2020 8Estimates indicate 1,000 – 2,000 vessels will be fitted with scrubbers globally in 2020 (990 existing/on order) 897% of the fleet will be forced to run on compliant fuels 8But scrubbers have a short payback periods for VLCCs 8Meanwhile oil companies and traders have begun placing orders for long term contacts with new buildings with scrubbers attached 8Get a details of how LSFO prices are going to behave and how ships with scrubbers will fare economically in comparison to those without but running on LFSO Click on Reports for more