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Scorpio to purchase 52 hybrid-ready scrubbers for $79.6 million

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Scorpio Tanker scrubber purchase reflects growing trend ahead of IMO 2020

Scorpio to purchase 52 hybrid-ready scrubbers for $79.6 million

Houston — Scorpio Tankers agreed with third parties to purchase 52 hybrid-ready exhaust gas cleaning systems for an estimated total of $79.6 million, to be installed in its fleet of 109 owned or financed leased product tankers, the company announced Monday.

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A Scorpio representative could not comment on who the third parties were, when contacted.

Of these 52 hybrid ready scrubbers, which can be upgraded to closed loop systems at a future date, 42 units will be purchased in 2019 and 10 in 2020.

Scorpio has the option for the purchase of an additional 28 scrubbers in 2020, which will bring the total number to 80, 10 units less than announced October 15.

In open loop mode, the scrubbers utilize seawater to remove sulfur oxides from the engine exhaust. The sulfur oxide in the exhaust reacts with the water to form sulfuric acid, which is then washed back into the sea after neutralization. In closed loop scrubber systems, exhaust gases are sprayed with seawater mixed with caustic soda for neutralization and the effluents can be stored in a holding tank for later discharge.

Scorpio Tankers' fleet includes 38 Long Range 2 tankers, 12 LR1s, 45 Medium Range tankers and 14 Handymax tankers with an average age of 3.3 years. The company time or bareboat charters 13 product tankers, including one LR2, five MRs and seven Handymaxes.

--Barbara Troner, barbara.troner@spglobal.com

--Edited by Pankti Mehta, pankti.mehta1@spglobal.com