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Majority of VLCCs Will Have Scrubbers by 2025: Alphatanker
A majority of VLCCs will have scrubbers equipped by 2025, according to shipping intelligence service Alphatanker.
The company noted the forecast in a monthly newsletter on Thursday, citing information from brokerage BRS.
"Considering that BRS data imply that by 2025 the majority of the VLCC fleet will be scrubber-equipped (this is not forecast to occur in any other segment), there is now a real case for the Baltic Exchange to introduce parallel scrubber-fitted TCE assessments for VLCC voyages," Alphatanker said.
The current forward curve for bunker prices in Singapore suggests the VLSFO-HSFO spread there will average $123/mt over the next 12 months, the company added, further boosting the case for scrubbers.
Ship & Bunker pricing put the spread at $114.50/mt on Thursday.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.50 | 1.00 | 770.00 | 3.50 |
| Rotterdam | 601.50 | 2.50 | 754.00 | 2.00 |
| Houston | 619.00 | 11.50 | 795.50 | 3.00 |
| Fujairah | 651.50 | 1.00 | 895.00 | 2.00 |
| Global 20 Ports Average | 664.00 | 1.50 | 856.50 | 2.00 |
| Global 4 Ports Average | 630.00 | 3.00 | 803.50 | 2.50 |
| Global Average Bunker Price | 718.00 | 0.50 | 914.50 | 0.50 |
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