Scrubber Payback in 18-24 Months

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Essar Shipping is expecting scrubber payback in 18-24 months, says an article published in Ship&Bunker.

Capital expenditure recoup 

India’s Essar Shipping said that the company expects to recoup its capital expenditure on scrubber installations on its ships within 18-24 months.

  • Ordered scrubbers for four of its 12 ships
    • three mini cape bulk carriers and one very large crude carrier.
  • The installations are due to be completed in April or May of this year.

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Source: Ship&Bunker