Arne Blystad's Songa Container has revealed it has developed a charter clause to share the profits of scrubbers with charterers - and it aims to bring other players on board.
The boxship owner has worked closely with rivals on the fuel profit sharing (FPS) clause for time-charter agreements.
It is based on the principle that actual fuel savings obtained by not buying low-sulphur bunkers are split between the charterer and the owner, where 80% to 90% of any savings made by the charterers on fuel expenses are paid back to Songa...
