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MAN Diesel & Turbo: Booming demand for retrofit

Shipowners' demand for retrofit has grown massively in recent years, and it looks like the need is here to stay, says Christian Ludwig, Head of Retrofit & Upgrade at Man Diesel & Turbo, to ShippingWatch.

The interest in retrofitting has grown significantly and there's no signs that the need for improving the efficiency of ships will decline anytime soon, says Christian Ludwig, Head of Retrofit & Upgrade at MAN Diesel & Turbo, to ShippingWatch.

"There's definitely a bigger demand for retrofit than in the past. I'd say the retrofit business in Copenhagen has tripled over the last four years. The way I see it, this is caused by the pressure on the market, which means that there's a massive focus on even the smallest savings," says Christian Ludwig, though he declines to mention a specific figure for the change.

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