Marine Fuel Market Looking for A ‘Stable’ 2021 After ‘Shaky’ 2020

Capt. John
  • Vessel earnings under pressure as bunker prices rise.
  • VLSFO crack becomes strongest transport fuel.
  • 2021 expectations for HSFO muddied by conflicted fundamentals.

The European marine fuel market is hoping for calmer waters in 2021, with market sources anticipating a stronger year ahead as the rollout of coronavirus vaccine programs allow global activity to recover, reports Platts.

Bunker prices rise

Despite expectations for rising oil demand, S&P Global Platts Analytics expects levels to remain...

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