The price of IMO2020 compliant VLSFO bunkers is still an unknown for the majority of ports, much to the frustration of many market participants.
For around a month now Ship & Bunker has been publishing spot pricing for the 0.50% sulphur material; in Singapore, Rotterdam, and Fujairah, with indications also available in Russian Far East and Taiwan.
But it remains to be seen when wider spot pricing will become available, and Ship & Bunker has received numerous recent requests to provide an update on the current outlook.
‘’Unfortunately, ‘some time in Q4, or maybe late Q3’ is still the best estimate we have for most markets,’’ says Ship & Bunker’s Editor, Martyn Laesk.
#IMO2020 #Sulphur2020 #Sulfur2020
This article appeared in www.shipandbunker.com