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Containership owners shelving eco-retrofits on lower bunker fuel price

With the sharply reduced bunker price containership owners are shelving eco-retrofit projects according to Thomas Preben Hansen, ceo of Rickmers Maritime Trust.

Marcus Hand, Editor

February 3, 2015

1 Min Read
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Speaking at Mare Forum Singapore 2015 Hansen said they had carried out retrofits of containerships for as little as $500,000 that resultied in fuel savings of 16% - 17%.

However, while container lines had been seeking to retrofit all ships as fast as possible before the oil price fell, a considerably longer payback period today is reversing previous plans.

“A lot of projects have been shelved,” he said. The payback period has increased from nine months to around two years.

Hansen noted that it was the economical factor that had been driving the shift to eco-ships.

Rickmers Maritime is a Singapore-listed shipping trust and owns a fleet of containerships, which it charters to major containerlines.

About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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