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Current News

Title What $70+ oil means to container, tanker and dry bulk shipping?
Date Posted 6/22/2021
Description As of June 9, 2021, the difference in price between very low sulfur fuel oil and high sulfur fuel oil, both fuel for container ships, reached its highest price since March 5, 2020. Because high sulfur fuel oil is less expensive than very low sulfur fuel oil, more ship owners are installing scrubbers, which capture the excess sulfur.

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