The big advantage that scrubbing has over low sulphur fuel is that it allows operators to continue to run on cheaper fuel oil and still be able to comply with the sulphur limits. This means that the scrubber will pay for itself in the form of fuel cost savings, with the return on investment depending on the price difference between HFO and MGO
The installation of an exhaust gas cleaning system is the most cost effective solution to meet the IMO Sulphur regulations. If a vessel sails roughly 50% of its time in SECA areas, investment in an exhaust gas cleaning system is a solid business-case. In the case of a vessel with large installed power, there is a positive business case even if the vessel sails less than half of its time in a SECA area.
In the end, the return on investment depends on various factors, such as total installation time and downtime, operating costs of the exhaust gas cleaning system, and expectations of future fuel prices.
The marine industry is facing stringent emissions legislation in the years to come. To comply with future emissions standards, ship owners need to switch to the expensive low Sulphur fuel or invest in exhaust gas cleaning technology.
Exhaust gas cleaning technology has proven to be an efficient and cost-effective solution to meet emissions requirements with a typical payback time of three years depending on variables such as the vessel’s operational profile as well as sailing time spent in ECAs.
Don’t wait – realize fuel savings now
With a ME Production exhaust gas cleaning system ships can continue to run on the cheaper heavy fuel oil instead of switching to the more expensive low Sulphur fuel – and still meet stringent IMO emission requirements. This means significant fuel savings.
There is still time before the IMO SOx and NOx emission limits come into force in ECAs and worldwide in 2020, but why not realize the significant fuel savings now by installing exhaust gas cleaning systems sooner than required?