Ursus Maritime Capital works with ship owners and charterers of ships spending a large part of the trading days within ECA zones, to install Exhaust Scrubber systems or convert engines to LNG dual-fuel. Ursus helps Ship owners comply with SOx emissions that came into effect on January 1st 2015, without having to pay the premium for MGO fuel.
Ursus works closely with manufacturer and Classification Societies to efficiently design and implement the optimum solution for each vessel and its trading patterns.
Ursus invests the full capital needed for such retrofit projects, which the ship owner pays back with a portion of the fuel cost savings from continuing to use regular IFO or LNG to meet SOx emission requirements, instead of the more costly MGO.