Pacific Basin Shipping has branded scrubber technology an ineffective solution to incoming emissions laws and placed the responsibility of meeting sulphur regulations in 2020 at the feet of oil companies.

Hong Kong-listed Pacific Basin has 106 owned vessels on the water, including 80 handysizes and 25 supramax bulkers.

Mats Berglund, chief executive of Pacific Basin, tells TradeWinds the new regulations will be positive for large and strong companies and will push out poorly performing ships.