Retrofit

Ships

Scrubber Retrofitting Falling After Recent High in 4Q 2022

The number of containerships currently undergoing scrubber and LNG retrofits stand at 15 units for 122,150 teu with 6 units below 5,100 teu class. The retrofit fleet is currently at the lowest level since March 2022 and continue to fall with the bulk of the retrofit candidates already completed. Pasha’s HORIZON RELIANCE (to be renamed GEORGE II) is nearing completion of its LNG engine retrofit in China. The 43 year old US flagged ship has been docked since August 2022.

Ships

Containership Capacity Watch

Active fleet steady in past week. More ships entered yards for retrofits, after 2-year delay on the extraordinary earning up cycle.

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