- Scrubber fitted vessels have a higher price tag.
- Owners expect to see increased returns and revenue.
- Eagle’s scrubber installation program is nearly complete with 37 fully commissioned scrubbers.
According to a post published in Linkedln, scrubber-fitted ships have a ‘significantly higher‘ price tag.
Owners to see increased turns
Owners who spent millions on exhaust gas scrubbers may not only see returns from fuel-price spreads, according to Eagle Bulk Shipping’s Gary Vogel. There may be some extra cash in it for them when it comes to asset plays, the chief executive says.
Eagle’s scrubber installation program
Eagle’s scrubber installation program is nearly complete with 37 fully commissioned scrubbers in operation today and a total of 41, representing 82% of the owned-fleet, expected by the end of March. This makes Eagle the largest owner of scrubber-fitted Supramax/Ultramax vessels in the world.
IMO 2020 goes as expected
Fuel prices post IMO 2020 implementation appears to be playing out as expected with the fuel cost-benefit for scrubber-fitted ships currently at ~USD 240 per metric ton for Calendar 2020. Please visit our website for a more detailed
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Source: LinkedIn
