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GMC Yard gives up on environmental orders: "We're too expensive per hour"

Unlike several shipbuilders, GMC Yard is not celebrating investments prompted by environmental regulations. In fact, the company is not at all feeling that shipping companies are making major investments in sustainable endeavors.

Photo: Gmc Yard

Norwegian shipbuilder GMC Yard has long since given up getting its hands on major investments from shipping lines needing scrubbers or ballast water management systems installed to meet various environmental requirements.

"In Norway, environmental requirements don't have the same significance to yards as elsewhere. I reckon our competitors think so, too," says Per Ingolf Jøsang, chief executive at GMC Yard, in an interview with ShippingWatch that is part of a series on shipbuilders' expectations for environmental regulations in the coming years.

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