Thursday, January 21, 2021

Status of oil spread and equipped percentage of SOx Scrubber.

According to following the latest Clarksons report,
for VLCC, the percentage of vessels equipped with Scrubber has increased
to 40%. And for Capesize bulk Carrier, it is 41%.


 <Source : Clarksons report>

Today(21st Jan 2021), oil spread is USD 106/mt in Singapore. And it is highly
expected to widen further as agreement of oil production cut by OPEC+.

<Source : Ship & Bunker>

If the SOx scrubber system is not applied, it is very difficult to compete with
the same type of ships in the chartering market.

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