Installation is not the only challenge when it comes to retrofitting a scrubber on an existing vessel, there is also financing where devil is in the details according to lawyers Watson Farley & Williams (WFW).

Mediterranean Shipping Company (MSC) has secured $439m of Sinosure-backed financing to equip 86 scrubbers on its ships.

CSIC Leasing, the financial leasing arm of China Shipbuilding Industry Corp (CSIC), has made its first-ever sale and leaseback transaction worth $65.5m with Greek tanker owner and operator Eletson Corporation.

London-based legal firm Watson Farley & Williams (WFW) has issued a briefing paper on the potential implications of Brexit from a maritime law point of view.