Project financing for SOx scrubber projects (11Aug2016)

Project decision about SOx scrubber installation to any shipping companies is not easy at all. Ship owners/operators should consider all aspects of technical, operational, and financial issues.

 

Among these, technical issues may be the easiest one as SOx scrubber manufacturers provide detailed project proposals including various technical issues. Project review from operational point of view have to do with fleet planning, voyage schedule, fuel price, and related operating costs. Ship owners may find the financial issue as the most difficult one because SOx scrubber projects requires big investment in the beginning. ROI of the SOx scrubber projects with STI is considerably short, but upfront investment is still a big burden to the client.

 

We learned that Korea Export and Import Bank (www.koreaexim.go.kr) offers “Export Facilitation Loan“, and SOx scrubber projects may fit into the category. For those Ship owners/operators who are interested in the SOx scrubber project financing, STI can check the possibilities and eligibilities about the project opportunities.

 

Any inquiries about the SOx Scrubber system inquiries, please contact STI at scrubber@simulationtech.co.kr.

 

10 August 2016

STI

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