HSFO demand supported by scrubber-fitted tonnage

Demand for high sulphur fuel oil remains supported by the share of the global fleet operating exhaust gas cleaning systems, suppliers report. Availability at established hubs has been sufficient to meet requirements.

The economics rest on the spread between HSFO and VLSFO rather than on either outright price. When the spread widens, scrubber-fitted vessels have a stronger incentive to deviate for supply.

Suppliers describe demand as steady rather than growing, consistent with a stable installed base.

For hsfo participants the practical question is how quickly the change is reflected in commercial terms: nominations, laycans, credit lines and the differentials quoted on comparable business. Early indications suggest a gradual adjustment rather than an abrupt repricing.

Blue Ocean Chartering will continue to follow the development through published disclosures from the parties involved. This summary is based on material published by Independent Bunker Wire; readers should consult the original announcement for the full commercial detail.