Tuesday, December 29, 2020

Recovery of oil spread

Today(30th), oil spread between VLSFO and HSFO has finally recovered USD 90.5/mt
based on the average of major four ports. And it remains on the uptrend and is expected
to reach USD 100/mt early next year. Ship's owners seem to have headache in deciding
which option would be better between VLSFO or HSFO with SOx Scrubber system.
And owners have to consider EEXI as well. Some owners who decided SOx scrubber system
in 2018 will complete payback time middle of 2021 and after that, then they can get profit
with Scrubber system from fuel cost. Its owners can relatively affordably consider new technologies that meet EEXI by additional profit from fuel cost.

If ship owners are still hesitating for decision, 
I would say "Fast decisions are better decision!"


No comments:

Post a Comment