2019-04-03 Financial news
Alfa Laval signs service agreement for marine scrubbers with a leading shipping company
Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has signed a service agreement for scrubbers with a leading Chinese shipping company. The agreement follows in the wake of a scrubber order for 31 vessels, which the same customer placed last year.
The original order was for Alfa Laval’s PureSOx open-loop, hybrid-ready scrubber systems to be installed on some of the largest vessels in the world. This year, the customer followed up by also signing a service agreement to safeguard and optimize its long-term scrubber operation.
“I am happy to announce this service agreement connected to our previous scrubber order. This service relationship will ensure that the scrubber systems always perform at their peak,” says Sameer Kalra, President of the Marine Division. “Our customer will also benefit from our data-driven connectivity services which will simplify the vessels’ compliance reporting by automatically generating reports that are customized for handover to local authorities.”
The background: The International Maritime Organization (IMO) has set a global limit for sulphur in fuel oil used on board ships of 0.50% m/m (mass by mass) from January 1, 2020. Ships can meet the requirement by using low-sulphur compliant fuel oil or by using approved equivalent methods, such as exhaust gas cleaning systems or “scrubbers”, which “clean” the emissions before they are released into the atmosphere.
Did you know that… violating the sulphur limits can cause penalties of more than SEK 500 000?
About Alfa Laval
Alfa Laval is a leading global provider of specialized products and engineering solutions based on its key technologies of heat transfer, separation and fluid handling.
The company’s equipment, systems and services are dedicated to assisting customers in optimizing the performance of their processes. The solutions help them to heat, cool, separate and transport products in industries that produce food and beverages, chemicals and petrochemicals, pharmaceuticals, starch, sugar and ethanol.
Alfa Laval’s products are also used in power plants, aboard ships, oil and gas exploration, in the mechanical engineering industry, in the mining industry and for wastewater treatment, as well as for comfort climate and refrigeration applications.
Alfa Laval’s worldwide organization works closely with customers in nearly 100 countries to help them stay ahead in the global arena. Alfa Laval is listed on Nasdaq OMX, and, in 2018, posted annual sales of about SEK 40.7 billion (approx. 4.0 billion Euros). The company has about 17 200 employees.
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