Rising LSFO Costs Threaten Shipping Lines

  • Alphaliner has reported instances of idle containerships waiting for compliant fuel.
  • Several laden ships are at anchor waiting for LSFO bunker.
  • Singapore-based PIL is the most affected with six vessels anchored off its home port.
  • Singapore has a high demand for LSFO for the compliant fuel to over $700 per ton.
  • Intra-Asia carriers will be badly hit as HFO industry bunkers were available at below $300 per ton.
  • Rotterdam is showing a wide disparity with Singapore, with LSFO currently at $580 per...

https://mfame.guru/rising-lsfo-costs-threaten-shipping-lines/

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