Public shipowners are feeling a lot better about their scrubber investments as the cost spread between low and high-sulphur fuel options has doubled the level that prevailed for most of 2020.
That was a key point to take from Noble Capital Markets’ 17th annual investor conference, held online this year because of Covid-19 restrictions.
Noble equity analyst Poe Fratt quizzed the group of shipowner participants on the topic, with executives of New York-listed owners Genco Shipping & Trading, International Seaways and Eagle Bulk Shipping...