World News
IMO 2020: Hapag-Lloyd Makes Scrubber U-Turn
Amid a recent surge of industry-wide interest over exhaust gas cleaning systems, scrubber sceptic Hapag-Lloyd says it will now test the technology as part of its preparations for the upcoming "IMO 2020" global 0.50% sulfur cap on marine fuel.
The apparent u-turn comes after the world's fifth largest container carrier in March said it was "questionable" whether the technology was a long-term solution and "not our preferred solution."
But writing in its 1H 2018 report released today, Hapag-Lloyd says it will now test scrubbers on two "larger containerships", but did not elaborate on when the conversions would take place.
Hapag-Lloyd are not the only vessel owner to shift their view on scrubbers, with Scorpio this month also indicating they were warming to the technology.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 649.50 | 2.00 | 778.50 | 8.50 |
| Rotterdam | 602.00 | 0.50 | 748.00 | 6.00 |
| Houston | 624.00 | 5.00 | 792.00 | 3.50 |
| Fujairah | 649.50 | 2.00 | 898.00 | 3.00 |
| Global 20 Ports Average | 662.00 | 2.00 | 855.00 | 1.50 |
| Global 4 Ports Average | 631.00 | 1.00 | 804.00 | 0.50 |
| Global Average Bunker Price | 717.50 | 0.50 | 913.50 | 1.00 |
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