News / Plummeting oil price means carrier investment in scrubbers was a washout

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The strategy of carriers, such as MSC, Evergreen and HMM, that heavily invested in exhaust-cleaning scrubbers appears to have backfired.

Global oil prices have slumped to below $20 per barrel, due to the coronavirus pandemic, and bunker prices have reacted accordingly.

The margin between IMO 2020-compliant low-sulphur ...

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    Black gold Evergreen Line HMM IMO low-sulphur regulations MSC Scrubbers