Torm's scrubber math still holds even though the oil price has dropped

Torm has yet to install 12 scrubbers, of which a majority are scheduled for this year. The installations continue even though the price gap between high- and low-sulfur fuel has decreased significantly. "It still makes financial sense," Executive Director Jacob Meldgaard tells ShippingWatch.

This summer Torm had one of its ships, Torm Laura, at shipyard Fayard in Denmark to have a scrubber installed. | Photo: ShippingWatch/Søren Pico

Torm continues its plans to install scrubbers on several of its ships this year.

This comes after fuel prices have gone down significantly in recent months, making the financial math behind a scrubber less attractive.

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