Bunker FFA give hopes to scrubber investors

The current differential in the cost of a tonne of Low Sulphur Fuel Oil (LSFO) and High Sulphur Fuel Oil (HSFO) averages about US$60/tonne, in Singapore, Fujairah, Rotterdam and Houston, compared to an average of US$350/tonne at the beginning of 2020, which has impacted the payback time for scrubber retro-fits.

“Looking at today’s bunker Forward Freight Agreements (FFA), indicate that the future spread could gradually widen in 2021 and push up the spread towards US$100/tonne,” a container market...

https://container-news.com/bunker-ffa-give-hopes-to-scrubber-investors/