World News
Hunter Tankers Takes Delivery of Final Scrubber-Fitted VLCC
Norwegian shipping company Hunter Tankers has announced the end of its recent newbuilding programme with the delivery of a final scrubber-fitted VLCC.
The company took delivery of the Hunter Frigg on 21 August, Hunter said in a statement on its website.
The ship was the company's seventh scrubber-fitted VLCC built for it by Daewoo Shipbuilding & Marine Engineering in South Korea.
The tanker has been fixed already for the next six to eight months at $40,000 per day, the company said.
Scrubbers increased in popularity as a means of IMO 2020 compliance among tanker owners early last year, but a strong freight market for tankers since late last year, combined with lower price spreads between high- and low-sulfur bunker fuels, has led to some installations being postponed or cancelled.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 565.50 | 4.50 | 678.50 | 4.50 |
| Rotterdam | 512.00 | 3.50 | 676.00 | 9.00 |
| Houston | 552.00 | 3.00 | 682.00 | 4.00 |
| Fujairah | 555.50 | 7.50 | 753.00 | 1.50 |
| Global 20 Ports Average | 583.50 | 4.00 | 762.50 | 2.50 |
| Global 4 Ports Average | 546.50 | 4.50 | 697.50 | 2.50 |
| Global Average Bunker Price | 632.50 | 2.00 | 811.00 | 1.50 |
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