SERVICES

Scorpio: scrubbers for tankers and bulkers

Monaco - Scorpio Tankers has announced that it will purchase exhaust gas cleanings systems for 42 of its vessels in 2019 and for 10 of its vessels in 2020. The value of these agreements is estimated to be $79.6 million, but the manufacturers involved have not been revealed

Monaco - Scorpio Tankers has announced that it will purchase exhaust gas cleanings systems for 42 of its vessels in 2019 and for 10 of its vessels in 2020. The value of these agreements is estimated to be $79.6 million, but the manufacturers involved have not been revealed. The hybrid-ready scrubber systems that are being fitted will be able to be upgraded to a closed loop configuration at a future date.

As part of the same agreement, Scorpio Tankers also has an option to purchase exhaust gas cleaning systems for up to 28 additional vessels in 2020. The company currently owns or finance leases 109 product tankers (38 LR2 tankers, 12 LR1 tankers, 45 MR tankers and 14 Handymax tankers) with an average age of 3.3 years and time or bareboat charters in 13 product tankers (one LR2 tanker, five MR tankers and seven Handymax tankers). Scorpio Bulkers has also ordered hybrid-ready scrubbers for 18 of its vessels in 2019 and for 10 of its vessels in 2020. The value of these agreements is estimated to be $42.4 million. As part of the agreement, the company has an option to purchase scrubbers for up to 18 additional vessels in 2020.

Scorpio Bulkers has an operating fleet of 57 vessels consisting of 56 wholly-owned or finance leased drybulk vessels (including 19 Kamsarmax vessels and 37 Ultramax vessels) and one time chartered-in Ultramax vessel.

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