The scrubbers and their installation will cost between US$1.5 million - 2.2 million per vessel, and the company anticipates that between 60 - 70% of these costs will be financed.
Emanuele Lauro, Chairman & CEO, commented: “We have long maintained that scrubbers could be the right choice for compliance with the IMO 2020 regulations. Having cautiously and patiently evaluated various risks associated with this disruptive change to our industry, we are now confident that substantial savings can be realised and that – with this investment in our vessels – our fleet will remain the most competitive in our marketplace."
