Scrubber premiums spike tanker earnings boost as fuel prices erode profits
An ‘eco-type’ VLCC with a scrubber was earning nearly $78,000 daily on the benchmark Middle East Gulf to China route for the week ending January 17. That compared with $56,000 daily for a ‘non-eco’ VLCC with no scrubber
Crude tankers fitted with exhaust gas scrubbers appear to be benefiting from the technology in the first month of 2020 as fuel price rises add a jolt of volatility to the market