Take her to sea but not so fast


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Jul 9, 2000
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I've been posting the occasional news story on this in the Environmental/Alternative Fuels thread and if this whole scheme works, we may be seeing a lot more of it in the future.

From The Hellenic Shipping News:

Bunker industry has passed a 'turning point'
quote:

Prices for residual bunker fuel could reach $600 per metric tonne (pmt) in 2008, according to a leading observer of the marine fuels market. "Without any significant reduction in crude prices marine bunker fuel will likely remain in the $500 per tonne range, but $600 is certainly possible,"
Full story at http://www.hellenicshippingnews.com/index.php?mod=article&cat=nwsinternational&article=7767

With prices going up far more often then down, it's hardly surprising to see the shipping lines trying to reduce the expense.​
 
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