Bring on the hurricanes and the typhoons, we need them to boost demand if only temporarily. Especially now where bunker fuel prices are as high as $484 per ton for HSFO and $561 per ton for LSFO in Singapore, making already unprofitable voyages more costly to perform. Splash Extra notices too that the HSFO spread between Singapore and Rotterdam has jumped from $16 per ton in the first seven-and-a-half months of 2021 to reach $46 on average in the following month and a half. The benefit of a scr...
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