Ship Finance International to install EGCS on its fleet

Shipowner Ship Finance International  has concluded a contract for installation of exhaust gas cleaning systems (EGCS) on a total of seven containerships.

According to the terms of the deal, ships ranging in size from 8,700 to 10,600 TEU.

The company revealed the additional scrubber installations as part of its financial report for the second quarter of 2019.

During the period, SFL’s operating revenues reached USD 110.9 million, dropping from USD 116.5 million reported in the previous quarter.

Reported net income was down at USD 28.1 million for the quarter ended June 30, 2019, compared to USD 33.6 million seen in the first quarter of the year.

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