Shipowners that spent millions of dollars on exhaust gas scrubbers may not only see strong returns from fuel-price spreads, according to Eagle Bulk Shipping's Gary Vogel.
There may be some extra cash in it for them when it comes to asset values, the Connecticut bulker owner's chief executive said at a conference call with analysts on IMO 2020.
The vessel price boost could be a boon to the New York-listed bulker owner, which sought to grab a first-mover advantage by becoming the largest owner of scrubber-fitted supramax and ultramax...
