Eagle Bulk Invests in 15 More Scrubbers
- Business & Finance
Eagle Bulk Shipping is upping the ante when it comes to scrubber investments having exercised options to purchase 15 additional exhaust gas cleaning systems.
The company joins other bulk shipping counterparts that are boosting their scrubber orderbook as the countdown for the 2020 sulphur cap begins.
Eagle Bulk had entered into a deal for up to 37 scrubbers intended for retrofits, comprised of firm orders for 19 scrubbers and up to 18 optional units.
As disclosed, the company intends to complete the 34 scrubber installations by January 1, 2020. Eagle Bulk said earlier that, in partnership with a global engineering firm, it has developed a scrubber installation program whereby a significant amount of the required retrofit work will be carried out on board the vessels while at sea and trading, thereby reducing off-hire time as compared with a typical shipyard installation.