Norwegian paint supplier Jotun expects a boost to its marine business from the new IMO regulations in the coming quarters, despite a small newbuilding orderbook.
Company officials say there are additional paint requirements from this year associated with scrubbers, ballast water treatment systems and fuel performance.
“New regulations will be a catalyst for higher demand for coating,” Jotun’s sales director for hull performance solutions, Ole Jorgen Tveit, tells TradeWinds.
