Formosa Plastics Marine Corp (FPMC) has embarked on a large scrubber retrofitting programme while selling non-eco ships, according to sources familiar with the company.
The moves by the Taiwanese tanker owner are part of a strategy to handle bunker price risks following the implementation of the IMO sulphur cap in January.
TradeWinds understands almost 40 of FPMC’s ships will be installed with exhaust-gas cleaning systems supplied by ContiOcean and Yara Marine between 2019 and 2021, when many analysts believe scrubber-fitted tonnage will enjoy strong financial advantages.
