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Scrubber economics disrupted by coronavirus and Opec plus-stoked oil slide

Market disruption has narrowed the VLSFO-HSFO price spread. This challenges the conventional view of using this measure to make calls on scrubber investments and marine fuel choices

“If the current very low sulphur fuel oil to high-sulphur fuel oil price spread continues for another six months or more, scrubber fittings will prove to be a wrong bet for shipowners,” said one senior dry bulk shipping executive

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