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Wärtsilä also reports decline in scrubber orders

Shipping companies' demand for scrubbers seems to have peaked. Major supplier Wärtsilä reports a decline in scrubber orders in the first half of the year. Wednesday, supplier Alfa Laval reported a similar trend.

Alfa Laval sells fewer scrubbers

The number of new orders for Alfa Laval's scrubbers declined significantly in the second quarter. Uncertainty regarding prices and fuel availability are factors behind the slump. The Swedish supplier maintains its confidence in the market, however.

Alfa Laval's customers favor open-loop scrubbers

The open-loop scrubbers, which are being criticized for emitting sulfur and particles into the water, are the most popular ones among shipowners, the head of Alfa Laval's marine division tells ShippingWatch.

Significant growth in marine orders at Alfa Laval

Requirements for sulfur and ballast water have created major growth in Alfa Laval's order books in the third quarter. The demand forecast for the Swedish supplier's whole business will be upgraded, according to CEO Tom Erixon.

Alfa Laval ended 2017 with more shipping orders

Major Swedish supplier Alfa Laval grew its marine division order intake in the fourth quarter 2017 due to factors including that more customers ordered scrubbers. But results in 2017 did not live up to the previous year's level.

Suppliers grow orders in weak shipping market

Though most shipping sectors remain strained, equipment suppliers Wärtsilä and Alfa Laval were able to grow their order backlogs in the third quarter, show interim reports published Wednesday.

Alfa Laval still under pressure from too few newbuildings

Swedish supplier Alfa Laval can still feel the effect of carriers hesitating to invest in new ships. However, there is increasing demand for maritime environmental technologies such as ballast water systems, says the company in its second quarter interim report.

Alfa Laval wins triple-digit ballast water contracts

Alfa Laval has signed two framework agreements to supply ballast water management systems for a triple-digit million dollar figure. The Swedish supplier points to activity in a market currently characterized by uncertainty ahead of a decisive IMO environmental meeting.

Consultants: Downturn could halt ballast water market

UK-based Global Water Intelligence projected in 2015 that the market for ballast water systems held potential for investments of up to USD 45.6 billion over five years. But the current crisis in the shipping sector makes today's estimate more modest.

Fight for billion-dollar ballast water market is underway

Producers of ballast water management systems are counting down to the billion-dollar market which will emerge when the convention comes into force in September this year. "2017 will be better than last year, but the boom will come in 2018," says Optimarin, one of the companies approved by the US Coast Guard.

Alfa Laval's top and bottom lines decreased in 2016

Alfa Laval saw its earnings decline in 2016 compared to the year before, in spite of the fourth quarter being better than the third. The company projects a somewhat lower demand in the first half of 2017, although the ballast water business is expected to grow.

Alfa Laval CEO: Marine division dodges budget cuts

The new cost reduction strategy of Swedish equipment supplier Alfa Laval will leave the marine division largely untouched, says group CEO Tom Erixon. Budget cuts were announced earlier today and will cost 700 jobs.

Alva Laval launches large-scale cost reduction initiative

Weak markets have forced Swedish supplier Alfa Laval to initiate comprehensive restructuring measures. The program will cost USD 168 million and means that 700 jobs will be eliminated. The announcement comes the same time as a disappointing third quarter result.

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