Alfa Laval noted a declining interest in and orders for the company's scrubber systems toward the end of 2018. But the Swedish equipment supplier still recorded significant growth in its order intake in 2018, where its marine division grew by 46 percent, according to the annual report published Tuesday.
In its Marine Division, Alfa Laval received orders totaling SEK 17.3 billion (USD 1.89 billion) in 2018 against SEK 11,5 billion in 2017. Of this, the company's scrubber and ballast water systems accounted for SEK 5.6 billion, says CEO Tom Erixon in the report, noting that "2018 was the year when demand for our marine environmental solutions accelerated."
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.