Scrubber Market Readies for Rebound Amid Anticipations

The scrubber market is ready for a rebound as suppliers anticipate promising quicker installations and new technologies, says an article published in Riviera Maritime Media.

Scrubbers an attractive investment

Based on various factors, scrubbers can be an attractive investment for shipowners for emissions compliance. Few factors listed are:

  • equipment price, 
  • installation cost, 
  • how many days a ship sails within an emissions control area, 
  • the price differential between HFO and MGO, 
  • fuel...

https://mfame.guru/scrubber-market-readies-for-rebound-amid-anticipations/

Scrubber Retrofit Cancellations Pile Up As Fuel Price Differential Strike Amid COVID19!

Scrubber from Wärtsilä

According to a Lloyd’s List article written by Michelle Wiese Bockmann, the cost-cutting and the erosion of marine fuel oil premiums are rendering sulphur abatement technology redundant.

Low Fuel Price Effect

Persistent low marine fuel prices will hit the fortunes of shipowners who have invested heavily in fitting scrubbers, warns research outfit Alphatanker

The price of 0.5% very low sulphur fuel oil now used by some 70% of the international global fleet has plunged by 278% in Singapore since the...

http://mfame.guru/scrubber-retrofit-cancellations-pile-up-as-fuel-price-differential-strike-amid-covid19/

Scrubber Demand To Narrow High/Low Sulfur Price Differentials

  • The price differential between high and very low sulfur fuel oil would settle at around $100 per metric tonne (pmt) by next year.
  • The current $200pmt differential may last a bit longer as the spread of the coronavirus interrupts scrubber installations.
  • Bunker market is looking for equilibrium and the wider differential between the high/very low fuel oil grades will probably stick over the coming months. 
  • Though some of the installations delayed because of the coronavirus, the demand from ships...

http://mfame.guru/scrubber-demand-to-narrow-high-low-sulfur-price-differentials/

Will IMO Global Sulfur Cap Take a Toll on Oil Price Differential?

  • Braemar ACM suggests that the price differential between LSFO and blended fuels is less than $200 per metric tonne.
  • IMO regulations can cause an impact equivalent to 4.5% of global oil demand.
  • Price differential between HSFO and LSFO would be more than $100 per tonne by the end of 2020.

Tanker analysts at Braemar ACM are suggesting the price differential between low sulphur fuel oil (LSFO) and blended fuels is less than $200 per metric tonne, reports Splash247.

Even with the differential price,...

http://mfame.guru/will-imo-global-sulfur-cap-take-a-toll-on-oil-price-differential/