With huge savings to be made from scrubber-fitted ships, why are more owners not rushing to shipyards for retrofits?
Wartsila’s Marine Systems president Tamara de Gruyter has explained that the slow take-up of the exhaust cleaning technology is down to a combination of Chinese lockdowns and high freight rates.
The difference between low and high-sulphur fuel prices has been riding high at more than $200 per tonne for a number of weeks now, a gap not seen since January 2020.