Where Bunker Prices Are Headed In The Future?

Capt. John
  • Pricing methodology used to calculate fuel energy value.
  • This resulted in greater demand for atmospheric high sulfur residues as cracker feedstocks, thus resulting in a hike in the price of IFO 380.
  • VLSFO is definitely here to stay and is likely to develop into a liquid commodity market, allowing better hedging opportunities to ship operators.
  • The imposition of a global carbon tax that incentivizes carbon reduction will help in moving the decarbonization agenda forward quickly.

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