The shrinking spread between high-sulphur fuel oil (HSFO) and fuels that comply with the IMO 2020 sulphur cap was laid bare by a number of shipowners last week during an online investment conference.
Executives of Star Bulk Carriers, Dorian LPG and International Seaways all cited narrower premiums for their scrubber-fitted vessels as a result of falling oil prices, although all expressed appreciation for any advantage as hire rates come under pressure from the coronavirus outbreak.
