Star Bulk posts loss as scrubber installation costs mount
The Greek bulker owner has suffered a net loss for the first quarter due in no small measure to about 300 off-hire days resulting from dry dockings needed to fit vessels with scrubbers. About 40 of its bulkers will be scrubber-fitted by end-May, it says, and about 50 installations at sea are planned to curb downtime as much as possible
The Nasdaq-listed bulk carrier owner expects to have 40 scrubber-fitted vessels by the end of this month and has brought all 2020 dry dockings forward into this year
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.