The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Johan Eliason - Kepler Cheuvreux, Research Division - Analyst
: I was just wondering your comment here about slow steaming on the back of these changes here. You got it to sound like a bit of a business
opportunity for you with the low steaming package. But I remember, after financial crisis, slow steaming was a big topic and that eventually led to
your service business being sort of flat for many years because ships were running slower and that drove less spare parts and things like that. How
do you see the risk now on that front?
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Question: Johan Eliason - Kepler Cheuvreux, Research Division - Analyst
: Okay. Just on this methanol thing. I guess you're not the engine supplier anymore to the container ship sector to any big degree. But -- I mean
these are methanol ready ship sort of -- are you selling some sort of equipment today and then when they will start using methanol, you will sell
an upgrade? Or can you sort of give us an example in those cases.
Question: Johan Eliason - Kepler Cheuvreux, Research Division - Analyst
: But are these like dual fuels. I mean, you sold dual fuel LNG and heavy fuel oil for a decade, basically, but everybody was using heavy fuel oil. Is it
the same now with methanol?
Question: Johan Eliason - Kepler Cheuvreux, Research Division - Analyst
: Again, just a short question. We have started to see rates in the container industry dropping and then we have a very big backlog of container ships
to be delivered. And I just saw the other day some news about some container orders being converted into tankers instead. We don't know if this
will be a trend, but we saw a big trend of the financial crisis. Once again, when containers at that time was converted into bulk ships, maybe this
time it's tankers. But would that have any impact for you? I mean you said you might sell your auxiliary engine to a container? Would the tanker
be better for you in that sense?
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Question: Johan Eliason - Kepler Cheuvreux, Research Division - Analyst
: And you don't do the main engines anymore really to tankers...
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