World News
Scrubber-Equipped Ships Now Take Up 36.4% of Global Boxship Capacity
Ships equipped with scrubber systems now take up more than a third of the container industry's global capacity.
Scrubber-fitted boxship capacity totalled 10.3 million TEU by the end of January, up by 1.8 million TEU from the same time a year earlier, container shipping intelligence firm Alphaliner said in its weekly newsletter.
That represented 36.4% of global boxship capacity, up from 32.4% a year earlier.
MSC, the world's largest shipping company, has been a key driver of the trend, adding more than 890,000 TEU of scrubber-equipped capacity last year. 54% of its fleet now has scrubbers equipped, up from 46% a year earlier.
The steady growth in scrubber installations has seen HSFO return to prominence as a bunker fuel grade.
HSFO represented 32.3% of Singapore's total demand last year – up from 29.2% in 2022, 25.8% in 2021 and 21.3% in 2020.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 571.00 | 1.50 | 685.50 | 5.50 |
| Rotterdam | 516.50 | 1.50 | 677.50 | 3.50 |
| Houston | 556.00 | 6.00 | 679.00 | 1.00 |
| Fujairah | 565.00 | 4.50 | 755.00 | 1.50 |
| Global 20 Ports Average | 589.00 | 3.00 | 764.50 | 3.50 |
| Global 4 Ports Average | 552.00 | 3.00 | 699.00 | 2.50 |
| Global Average Bunker Price | 635.50 | 1.00 | 811.50 | 11.00 |
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