Bugbee predicts sulphur cap chaos
The price spread between low and high-sulphur fuels will be higher than the $200 generally expected, says Scorpio Bulkers president Robert Bugbee. This is chiefly due to poor forward planning and an unwillingness to store compliant fuels ahead of the implementation of the 2020 sulphur cap
Scorpio Bulkers president says fuel price spread and scrubber payback may be higher than generally expected