Higher demand from scrubber-fitted vessels to sustain bullish Singapore HSFO

Asia’s 380 CST high sulfur fuel oil market, which was expected to wither after the IMO-driven transition to low sulfur marine fuel from 2020, has instead emerged as a niche market that enjoyed steady margins in 2020, with prices expected to be stable or firmer in 2021, analysts and market participants said. S&P Global Platts …

The post Higher demand from scrubber-fitted vessels to sustain bullish Singapore HSFO first appeared on Hellenic Shipping News Worldwide.

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