Commercialization and Regulatory Approval of Equipment for Ship SOx Compliance
First written in FY2016. 2 of 6 entries say "Advanced", first in FY2018. Latest entry: FY2022.
Mitsubishi Kakoki moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Worsened".
- FY2022WorsenedAnnual report
「A strong trend toward adopting compliant fuel continues, and conditions remain cautious toward the adoption of scrubbers.」
For compliance with SOx regulations, cautious conditions toward scrubber adoption continue against a backdrop of the strong trend toward adopting compliant fuel. - FY2020WorsenedAnnual report
「The price gap between conventional fuel and compliant fuel, an indicator of the benefits of installing scrubbers, has narrowed, reducing the benefits of installation.」
Although the SOx regulations took effect in January 2020, the benefits of installing scrubbers have declined as the price gap between conventional and compliant fuel has narrowed. New SOx scrubber projects also decreased from the previous fiscal year. - FY2019AdvancedAnnual report
「As the market became more active ahead of the SOx regulations taking effect, the Company established a new organization and strengthened its response.」
The market became more active ahead of the SOx regulations taking effect, leading to stronger capabilities through the establishment of a new organization and progress in winning new projects. - FY2018AdvancedAnnual report
「During the year, the Company improved the scrubber system based on its experience delivering the first unit. Demand for SOx scrubbers is currently expanding rapidly, and the Company is steadily building a delivery record by responding to inquiries for newbuild vessels and retrofits in Japan and overseas.」
Following approval of the first unit, the Company progressed to improving the system and building a delivery record for domestic and overseas newbuild vessels and retrofits. - FY2017AchievedAnnual report
「The first unit was installed on a car carrier operated by Kawasaki Kisen Kaisha,Ltd., and the Company obtained approval from the vessel's flag state, Panama, for the first domestically manufactured unit.」
Following installation of the first unit on a vessel, the Company completed the acquisition of the first approval for a domestically manufactured unit from a vessel's flag state. - FY2016First statedAnnual report
「To comply with SOx regulations, the Company jointly developed the “Mitsubishi Hybrid SOx Scrubber” with Mitsubishi Heavy Industries,Ltd. and completed installation of the first unit on a car carrier newly built by Kawasaki Kisen Kaisha,Ltd. In FY2016, the Company completed performance testing of the equipment installed on the vessel and is working to obtain equipment approval as the first domestically manufactured product.」
Installation of the first unit on a vessel has been completed, and the Company aims to complete performance testing and obtain the first approval for a domestically manufactured unit in FY2016.