The latest upward trend in oil prices has offered some welcome news to those who invested in scrubber technology, with the spread between HSFO and VLSFO widening to around $80 – $100/tonne and scrubber savings climbing above $5,000/day for VLCCs
Savings for burning high sulphur fuel oil (HSFO) versus very low sulphur bunker fuel (VLSFO) sunk from $16,000/day in January 2020 to just $3,000-$4,000/day.