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Singapore MPA to ban use of open-loop scrubbers

30 November 2018

The Maritime and Port Authority of Singapore has decided to prohibit the use of open-loop exhaust gas cleaning systems within its port limits, as of 1 January 2020.  MPA chief executive, Andrew Tan, announced the new regulation, which is already part of current legislation, in his opening address at the Singapore Registry of Ships Forum.   

Tanker market report dated 18 January 2019

21 January 2019

The scrubber debate continues with the same intensity as it did six months ago, although there appear to be fewer announcements for new installations. According to the DNV GL, the number of new bookings for fittings during 2019 decelerated over the past couple of months. It remains to be seen whether this slowdown is attributable to a diminishing appetite for scrubbers or limitations in yard/manufacturing/equipment capacity. On the face it, perhaps the latter is true since the interest in installations over the course of 2020 continues to grow, although absolute numbers are much lower versus 2019 figures The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.

Tanker market report dated 19 October 2018

23 October 2018

Not so long ago, a lot of tanker and dry cargo owners had been fiercely opposed to the installation of exhaust gas cleaning technology. However, the attitude is rapidly starting to change. Following a surprise announcement by Frontline and DHT a few months ago to install scrubbers on their fleets, we have seen a notable increase in other owners committing to the installation as well.  The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.