28
Nov

Singapore’s Hi-5 spread narrowest in five months on weaker LSFO demand

Ample low sulfur fuel oil supplies in the world’s largest bunker hub of Singapore have narrowed the spread against the 380 CST high sulfur fuel oil grade to the weakest level in five months, reducing shipowners’ savings from scrubber investments, traders said Nov. 27. Higher inflows of replenishment LSFO cargoes in Singapore due to workable …