Shipowners struggling with lower rates can make huge fuel savings quickly by fitting a scrubber, so why do retrofit orders remain muted?
Wartsila’s Tamara de Gruyter, president of the marine systems division, believes there are two factors at play, both relating to uncertainty: geopolitical upheaval and difficult choices on decarbonisation.
“There’s still a lot of uncertainty and cost inflation,” she told TradeWinds.
