Projects developed by Ursus Maritime Capital offer customers several benefits, including the following:

  • Operational cost savings from reduced fuel consumption.
  • Savings from lower fuel cost in restricted trade areas.
    • Installing exhaust gas scrubbers or converting engines to LNG dual-fuel, to prevent the need for consuming more expensive MGO within ECA trades.
  • Increased profits from improved daily charter hire rates.
    • Other than direct fuel savings, in some cases ship owners will see improved hire rates from charterers for existing and new contract.
  • Increased profits from greater fleet utilization in a depressed market.
  • Improved vessel resale value.
  • Freeing of capital for further business expansion.
    • Customers can use their available capital for fleet additions or other business expansion, or simply maintain a free cash flow reserve in a depressed market.
  • Positioning for future changes in regulatory restrictions on fuel-efficiency, emissions, and fuel quality
  • Access to larger, public, well established counterparties.
    • Large charterers are increasingly demanding only energy efficient vessels, both for cost reasons and for their own increasingly green image. By upgrading their fleet, customers may have better access to stronger counterparties, minimizing trading risks.
  • Public policy benefits and improved green company image.

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