Marine Fuel Prices Makes Rise in Scrubbers Demand

Shipowners and cargo shippers actually saved money on fuel in 2020.
The trend this year is in the opposite direction. The price of marine fuel is coming back. And so-called “scrubbers” — equipment allowing ships to legally burn cheaper, high-sulfur fuel — are starting to pay off much more than before.
Rising marine fuel prices will mean rising costs for cargo shippers and ship operators. A higher scrubber advantage will mean more upside for the shipowners like Star Bulk (NYSE: SBLK) that...