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PGMT SCOOPS SCORPIO SCRUBBER DEALS

Monday, December 10, 2018 

Scorpio Tankers has contracted Pacific Green Marine Technologies (PGMT) to supply its Envi-Marine scrubber system for installation to 52 vessels.

The US$79.6 million contract follows the signing of a contract to supply the marine exhaust gas cleaning technology to 28 vessels in the Scorpio Bulkers fleet.

Eighteen bulkers will be fitted out with the system next year, with the remaining ten installations scheduled for 2020. This agreement, valued at $42.4 million, includes options for a further 18 vessel installations in 2020 subject to certain criteria being met.

Envi-Marine installations to the tankers will also be carried out in 2019 and 2020. This agreement also includes options for a further 28 vessel installations.

PowerChina SPEM Company Limited, will work alongside PGMT to ensure the successful execution of both projects.

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