February, 2020
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Bunker buyers are paying less now for their VLSFO than they paid for HSFO last year.
ANALYSIS: COVID-19 Eliminates IMO 2020 Cost at Rotterdam as VLSFO Drops Below 2019 HSFO
The company has secured the facility through a syndicated of 26 banks with a tenor of five years and the possibility of extending it for a further two.
Maersk Puts Money Where its Mouth Is With $5 Billion Emissions-Linked Credit Facility
Analyst sees differential moving from $200 to $100 by next year.
High/Low Sulfur Differential to Narrow on Scrubber Demand
The experiences of smaller traders need to be shared for everyone to get a clearer idea of how IMO 2020 is working out.
VIEWPOINT: Calling All Small Bunker Traders: We Need You