Ship fuel spreads and LNG prices fall to lowest levels in years, states a Freightwaves news source.
Different dynamics for ship fuel as war effect wanesFuel is one of the biggest costs in ocean shipping, and fuel pricing has seen some big changes in recent months, featuring new dynamics that haven’t been seen in years.
Prior to the IMO 2020 regulation implemented on Jan. 1, 2020, most of the world’s commercial ships ran on 3.5% sulfur fuel known as high sulfur fuel...
https://mfame.guru/lng-and-ship-fuel-spreads-hit-record-lows/