Jinhui Shipping takes wait-and-see approach on scrubbers

Jinhui Shipping takes wait-and-see approach on scrubbers

Hong Kong-based bulker operator Jinhui Shipping says it is taking a wait-and-see approach on the installation of scrubbers.

“We are currently refraining from the installation of scrubbers given the long term technical and commercial viability of scrubbers is yet to be proven, not to mention the investment cost of scrubber has been on the decline where we believe benefit is highly likely to arise with further patience,” Jinhui Shipping said in its first half financial report.

From the environmental perspective, Jinhui Shipping believes the use of low sulphur fuel is the most efficient way to tackle the issue and the company expects the availability of such product will become abundant at reasonable costs with time, given the likelihood of increasing demand.

Jinhui Shipping currently owns a fleet of 20 bulkers made up of two post-panamaxes and 18 supramaxes.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

Related Posts