In a recent development, Stena Bulk has signed a turnkey exhaust gas scrubber solution agreement with Chinese Bluesoul to equip its Suezmax and IMOIIMAX fleets. With this agreement in place, Stena Bulk will equip 15 vessels with scrubbers and have an additional 6 options for installation prior to 2020, says a press release on the company website.
About the Contract
Shanghai Bluesoul Environment Technology, with its base in Shanghai, has had a collaboration agreement with the Stena group for more than a year. Bluesoul is the first Chinese enterprise to be awarded Lloyd’s Register Exhaust Gas Cleaning System Machinery General Design Appraisal as well as DNV GL and ABS AiP.
The scrubber to be installed is an Open Loop Hybrid Ready with Water Cleaning, which not only removes the sulfur but also particles from the exhaust.
How does it help the company?
“By installing scrubbers, we will be well equipped to meet the 2020 regulation and are protected from price volatility as well as fuel shortage. In relation to market developments, today’s market predictions are attractive in theory and currently seems to be so in practice too, despite there being a couple of parameters that remain uncertain. However, there are opportunities already available today to lock in some of the uncertainty, which might be appealing when looking for a more secure investment. We are very happy to be able to confirm this order with Bluesoul, which has performed very well in terms of quality compared with more reputable manufacturers”, says Erik Hånell, President & CEO Stena Bulk.
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Source: Stena Bulk