Market News
Recent Developments:
New product launches:
- In March 8, 2023, Shipbuilding company Wärtsilä has secured its first contract for carbon capture and storage-ready scrubbers, known as CCS-Ready scrubbers. These scrubbers are designed to be easily upgraded to a full CCS system in the future, offering shipowners a future-proof solution for complying with stricter emissions regulations. The order involves four 8,200 TEU container vessels under construction at an undisclosed Asian shipyard. These vessels will be equipped with Wärtsilä
's 35MW CCS-Ready scrubbers in an open-loop configuration.
- In April, 2022, Shipbuilding Company Wärtsilä has launched the IQ Series scrubber, a major leap forward in exhaust gas treatment technology. This innovative design offers several key advantages:
- In January 2020, Alfa Laval which is a leading global provider of first-rate products in the areas of heat transfer, separation and fluid handling introduces PureSOx Express, a streamlined version of their popular scrubber system, specifically designed for smaller vessels like handymax bulkers and product tankers.
- In May 2020, Shanghai Bluesoul launched the BLR-HP scrubber system with a unique aluminum alloy frame, making it 70% lighter than steel frames. This allows installation on high-speed crafts.
Acquisition and partnerships:
- In April 2022, Wärtsilä partnered with Norwegian companies Solstad and TECO 2030 for developing zero-carbon vessels with fuel cells and carbon capture. This will advance climate goals.
- In February 2021, Alfa Laval acquired StormGeo, a weather intelligence software provider. This enhances Alfa Laval's digital services capabilities in the marine industry.
- In October 2020, Wärtsilä merged with Exilator, a maritime emissions abatement technology company. This helped Wärtsilä strengthen its offering of closed-loop scrubber systems.
U.S.: 
U.K. : 
India :