Eagle Bulk expands scrubber initiative
(Posted on 27/11/18)
Eagle Bulk Shipping Inc. has announced that is has exercised its options to purchase 15 additional exhaust gas cleaning systems (“scrubbers”) which are to be retrofitted on vessels within its fleet. This follows the Company’s prior announcement that it had entered into a series of agreements for the purchase of up to 37 scrubbers, comprised of firm orders for 19 scrubbers and up to 18 additional units, at the Company’s option.
The Company intends to complete the 34 scrubber installations by January 1, 2020, the implementation date of the new sulphur emission cap regulation, as set forth by the International Maritime Organization. As previously disclosed, Eagle Bulk, in partnership with a global engineering firm, has developed a scrubber installation programme whereby a significant amount of the required retrofit work will be carried out onboard the vessels while at sea and trading, thereby reducing off-hire time as compared with a typical shipyard installation.
Following the announcement, Eagle Bulk maintains options to purchase up to three additional scrubbers.
Eagle Bulk Shipping Inc. is a Marshall Islands corporation headquartered in Stamford, Connecticut. Eagle Bulk owns one of the largest fleets of Supramax/Ultramax dry bulk vessels in the world. Supramax/Ultramax vessels, which are constructed with on-board cranes, range in size from approximately 50,000 to 65,000 dwt. The Company transports a broad range of major and minor bulk cargoes, including but not limited to coal, grain, ore, pet coke, cement and fertilizer, along worldwide shipping routes.
Latest News
New security guidance from ICS
(Posted on 11/04/21)As recent news reports highlight, the shipping industry continues to face threats such as piracy, kidnapping... Read more
Algoma takes delivery of latest Equinox Class bulker
(Posted on 06/04/21)Algoma Central Corporation, a leading supplier of marine transportation services, has announced that... Read more
Wavespec announces management buyout
(Posted on 06/04/21)Wavespec, as the last technical entity within Braemar Shipping Services Plc, has announced that it is... Read more
Vaccination lottery for dry bulk sector
(Posted on 31/03/21)INTERCARGO believes that, once again seafarers are falling victim to the lack of focus and joined up... Read more
Suez demonstrates importance of shipping
(Posted on 28/03/21)As efforts to refloat the Ever Given continue, the International Chamber of Shipping (ICS) has released... Read more
GTMaritime moves to employee ownership
(Posted on 28/03/21)GTMaritime has announced that it has transitioned its business to an Employee Owned Trust (EOT), in... Read more
Joint research on autonomous ships risk
(Posted on 28/03/21)Leading classification society ClassNK has begun joint investigative research with Sompo Japan Insurance... Read more
Western Bulk looks to “promising” 2021
(Posted on 22/03/21)Oslo-based global dry bulk operator, Western Bulk has published its 2020 Annual Report with a full year... Read more
Reducing seafarer anxiety and sadness
(Posted on 22/03/21)International maritime charity Sailors’ Society’s Wellness at Sea training and support reduces... Read more
Great Eastern adds to bulk fleet
(Posted on 17/03/21)The Great Eastern Shipping Company Limited (G E Shipping) has signed a contract to buy a second-hand... Read more
