Late last month, the investment bank Goldman Sachs had advised shipowners who have installed scrubbers in their vessels to avoid hedging their fuel requirements in 2020 so as to maximize savings, writes Lee Hong Liang, the Asia Correspondent of Seatrade Maritime News.
Why this advice?The advice comes as the IMO is set to enforce the use of 0.5% sulphur content fuel from 2020, prompting some owners to install scrubbers in order to continue using the cheaper 3.5% sulphur fuel, as opposed to the...
http://mfame.guru/goldman-sachs-advises-against-sulphur-2020-fuel-hedging-by-scrubber-owners/