Scrubber-fitted ships nearly double as fuel spread settles at $118 per MT
BIMCO’s Shipping Number of the Week
Scrubber-fitted ships nearly double as fuel spread settles at $118 per MT
As the lion’s share of the world fleet replaced high-sulphur fuel oil (HSFO) with low-sulphur fuel oil (LFSO) as a mean of propulsion to be compliant with the IMO 2020 global sulphur cap which came into force on 1 January 2020, overall bunker sales rose in the world’s by far largest bunkering hub: Singapore.