Okeanis: Oslo listed. File Image / Pixabay.
A tanker company has reported good progress on payback for its investment in emissions abatement technology for its ships.
Okeanis Eco Tankers is listed in Oslo and has a 17-strong tanker fleet where all the ships are equipped with scrubbers.
The company has estimated that $26 million of the $40 million spent on the abatement technology has been recouped through lower bunker costs and time-charter premiums, according to marine news provider Tradewinds.
The company's third quarter earnings results posted a $15.6 million profit.