US-listed Safe Bulkers is raising in the ante in its scrubber installation programme, extending it to its entire capesize fleet.
The company, which has already installed such exhaust gas cleaning systems on 18 of its 42 ships in the water, is installing them on five more vessels.
“We’re optimistic that this will be [provide] a steady income,” chief executive officer and principal shareholder Polys Hajioannou told analysts in a conference call on Thursday to discuss second quarter results.