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40% of VLCCs Could Have Scrubbers by the End of 2020

40% of VLCCs Could Have Scrubbers by the End of 2020 by Ship & Bunker News Team Tuesday January 19, 2021 As much as 2020, according to shipping brokerage Gibsons. Scrubber uptake is the highest in the VLCC fleet, followed by Suezmaxes, Gibsons said in a note to clients last week. Scrubber penetration is considerably lower for smaller size groups. 31% of VLCCs currently have scrubbers, according to Gibsons s estimates. Another 7% is due for scrubber retrofits, and 32% of the current orderbook will come with the systems installed, taking the share of the VLCC fleet with the emissions-cleaning technology to close to 40% by the end of 2020. The actual penetration of scrubbers in the spot market is expected to be even higher when excluded tonnage (NITC, sanctioned/storage vessels) are accounted for, while the anticipated demolition over the course of this year will also reduce the absolute number of non-scrubber tankers, Gibsons said.

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