It is reported that ME Production's subsidiary ship exhaust technology company has received the contract and supplied scrubbers for two ships. Two vessels are expected to be delivered by the end of 2015 and early 2016, respectively. It is understood that one of the ships is the DFDS company "Finlandia", ME will design, engineer, manufacture and modify a scrubber system for the ship. The “Finlandia†is undergoing an ecological upgrade with a total investment of 6 million Euros, including hull and port facilities, which are expected to be completed by the end of this year.
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Other ship is a new cargo ship under construction. The owner is the Spanish shipping company Balenciaga and will also be equipped with a ME scrubber system.
Ship Exhaust Technology said that scrubbers will be the most common replacement for low-sulfur fuels worldwide. Although fuel prices have fallen as oil prices have fallen, the price gap between marine and heavy fuel oils is still $200/tonne, which remains an important economic driver for investing in scrubber systems.
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