World News
Wärtsilä: Singapore Approval "Opens up the Whole of Asia for Wärtsilä's EGC"
Wärtsilä Corporation (Wärtsilä) Thursday announced Singapore flag state authorities have approved Wärtsilä’s exhaust gas cleaning (EGC) systems, making it the first EGC to be approved by an Asian flag authority.
"The approval from Singapore is a truly milestone event as it opens up the whole of Asia for Wärtsilä’s EGC technology. It also means that our systems meet the most stringent emission requirements," said Sigurd Some Jenssen, Director of Exhaust Gas Cleaning for Wärtsilä Marine Solutions.
"Our many years of experience, and the development work that enabled us to be the first company in the world to be awarded class certification for SOx removal systems for marine applications, have laid the foundations for this latest success."
The approvals are said to relate to EGC systems ordered from Wärtsilä for two new Wallenius Wilhelmsen Logistics (WWL) Ro-Ro vessels, Theben and Themis, set to enter service later this year.
"Scrubbers are our preferred choice to meet the new emission regulations in ECAs and to meet the IMO-announced global cap for SOx in 2020/2025," said Thamba Rajeevan, Wilhelmsen’s Senior Project Manager.
"Since our fleet now voluntarily operates on MGO in ports worldwide, we see scrubbers as an even more environmental friendly solution because they also reduce particle emissions when operating in ports around the world."
Scrubber manufactures are expected to be among those to benefit from last week's decision by the International Maritime Organization (IMO) MEPC that a 0.5 percent global sulfur cap on marine fuel will be implemented from 2020, rather than the proposed delayed date of 2025.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 624.50 | 1.00 | 732.00 | 8.50 |
| Rotterdam | 571.00 | 3.00 | 758.00 | 16.50 |
| Houston | 591.50 | 4.00 | 760.00 | 5.50 |
| Fujairah | 629.00 | 0.50 | 877.50 | 3.00 |
| Global 20 Ports Average | 637.00 | 0.00 | 819.00 | 3.00 |
| Global 4 Ports Average | 604.00 | 0.00 | 782.00 | 5.50 |
| Global Average Bunker Price | 688.00 | 2.50 | 879.00 | 1.00 |
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