Tanker owner Odfjell is set to use low sulphur fuel rather than install scrubber to comply with the IMO’s 2020 0.5% low sulphur fuel cap.
“Our conclusion for the moment is that it does not make sense for Odfjell (to install scrubbers),” Odfjell ceo Kristian Moerch said at an oil and offshore conference on Thursday, Reuters reported.
“First of all our fleet spends around 50% of its time in ports, then scrubbers are pointless, and the second part is that 60% of our revenues are covered by contracts with our customers and they have bunker adjustment clauses,” Moerch added.
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