Torm satisfied with USD 90 million scrubber investment despite oil price drop

Despite a major decline in oil prices, it is still good business for Torm to have more than half its ships equipped with scrubbers. The carrier has invested approximately USD 90 million in the technology.
Jesper S. Jensen, SVP and head of Torm's Technical Division. | Photo: PR-foto Torm
Jesper S. Jensen, SVP and head of Torm's Technical Division. | Photo: PR-foto Torm

The financial gains have become markedly smaller and the payback period several years longer.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading