In order to comply with sulphur emission limitations, ships must now utilise ultra- or low-sulfur fuel (such as ULSFO or VLSFO). Ships can still utilise heavy fuel oil (HFO), which is less expensive if they install a scrubber. However, it has shown that the price premium for VLSFO is not as great as first thought, as reported by BIMCO.
VLSFO price premiumThe price premium for VLSFO on December 31, 2019, the day before the new IMO regulation went into...
https://mfame.guru/despite-a-24-drop-in-2022-share-of-scrubber-ships-is-likely-to-increase/