MENU CONTACT View Larger Image February 4th, 2020 Clean Marine and FMSI Complete Merger The merged company will operate under the Clean Marine brand and will provide a fully integrated offering, including Original Equipment Manufacturer (OEM) expertise, significant capacity, fast production times, project management and global after-sales services. It will also offer financing to its customers through affiliated companies. BY THE MARITIME EXECUTIVE 02-03-2020 04:26:57 Share article Facebook Twitter LinkedIn Email Clean Marine AS and FMSI announce that the companies have finalized a previously announced business combination (the Merger) to create one of the world’s leading suppliers of exhaust gas cleaning systems (EGCS or scrubbers). The merged company will operate under the Clean Marine brand and will provide a fully integrated offering, including Original Equipment Manufacturer (OEM) expertise, significant capacity, fast production times, project management and global after-sales services. It will also offer financing to its customers through affiliated companies. “We are now even better equipped to satisfy our customers’ requirements and meet the increased demand for scrubbers following the implementation of new limits on sulphur emission that came into effect on 1 January 2020,” says Nils Høy-Petersen, CEO of Clean Marine. “The Merger will provide additional scale and ensure continued investment to allow us to develop new products to help our customers increase their fuel efficiency and decrease their environmental footprint.” All in all, the transfer into 2020 went smoothly with basically all planned units in operation. Currently the company is performing a series of turnkey projects at PaxOcean in Batam, Indonesia, which are convenient and competitive in view of Clean Marine’s fabrication site at Batam. Together with a highly viable financing scheme, the company believes this will represent a unique offering to shipowners going forward. “The fuel spread is healthy, giving a strong incentive for scrubber installations and we see an increase in number of enquiries from shipowners,” says Nils Høy-Petersen The Merger enables Clean Marine to offer higher manufacturing volumes and shorten delivery times further, to shipowners’ benefit. Clean Marine also intends to increase resources focused on research & development to develop additional innovative products to help industries increase fuel efficiency and reduce environmental impact. Source: https://maritime-executive.com/corporate/clean-marine-and-fmsi-complete-merger Related Posts Speedy hybrid scrubber installation Frontline and Navig8-backed scrubber makers complete merger Another research project clears washwater impact Clean Marine embracing sustainability and gender equality Washwater discharge from scrubbers is SAFE LinkedIn YouTube Sign up to newsletter Contact us CERTIFICATIONS → ISO 9001:2015 ISO 14001:2015 ISO 45001:2018 Privacy Policy Copyright © 2020 Clean Marine. All rights reserved. We use cookies for statistical analysis and to improve the usability of our website. By using our website, you consent to our and third party use of cookies as described in our privacy policy. I ACCEPT