Tanker operator Torm announced Friday that it has purchased a stake in a scrubber manufacturing venture, making it the latest shipowner to buy a supplier in advance of the IMO 2020 low-sulfur deadline.
The popularity of scrubbers as a way to comply with the IMO’s 2020 sulphur cap has grown rapidly over the last six months with over 1,000 systems ordered in that period, according to classification society DNV GL.