Enquire Now

FIEO welcomes New Agri Export Policy

10-Dec-2018
FIEO welcomes New Agri Export Policy

India’s The Great Eastern Shipping (GE Shipping) has earmarked up to $50m over the next four years to upgrade its fleet for compliance with IMO’s regulations on low-sulphur fuels and ballast water treatment systems (BWTS).

The plan for GE Shipping is to spend about $20m on fitting scrubbers on seven of its biggest ships, mostly large crude tankers, by December 2019, and another $30m on installing BWTS between 2019 and 2014 on all ships, according to G Shivakumar, Executive Director and CFO of the company.

Shivakumar noted that for BWTS, it will cost $1.5m to $2m to install it on a large tanker. “That is something you have to keep in mind because you do not get any (cost) benefit from that,” he added.



Source :- Dailyshippingtimes.com

High-volume of Loyal and Trusted Customers!

We feel proud in offering export-import data information services to our respected clients.

Obtain a free import-export sample report on desired products.

We do not provide any assistance directly in selling or Buying any product.

2 + 5

Thank You

Big thanks to showing your interest in SEAIR Exim Solutions. We’ve currently received your request for data information. We will return on the same query in a short span of time.

Top