The spread between very-low sulphur fuel oil (VLSFO) and high-sulphur fuel oil (HSFO) has widened following Russia’s invasion of Ukraine. The HSFO price, however, could rise if Russian volumes coming into the market start declining due to sanctions. Late 2016, the Maritime Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) agreed to reduce …
The post VLSFO premium of USD 200/tonne increases scrubber advantage first appeared on Hellenic Shipping News Worldwide.