A second wave of scrubber installations will likely sweep the marine industry as the price differential between high sulfur fuel oil and very low sulfur fuel oil, or the Hi-5 spread, stabilizes to normal levels at major bunkering hubs, supporting HSFO demand at a time when there is a growing impetus towards greener fuels to meet shipping’s environmental goals, market sources said, reports Platts.
HSFO’s Share“After the quick adjustment to the global sulfur cap, the decline in HSFO’s share of...
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