Another analyst has warned of impending financial doom for container lines if they fail to recoup the additional costs of meeting the IMO 2020 0.5% sulphur cap.

With just a small percentage of ships fitting scrubbers owners are warned they will need secure availability of high sulphur fuel oil (HFO) in 2020 as the supply chain will be geared to delivering compliant low sulphur fuel oil (LFSO).

Scorpio Bulkers, which along with sister company Scorpio Tankers, has taken a major bet on scrubbers to comply with the IMO’s 2020 low sulphur regulations is assuming a price spread of $250 per tonne between high and low sulphur fuel once the limit is in force.

Dry bulk vessels fitted with scrubbers will command a significant premium when the 0.5% sulphur cap comes into force on 1 January 2020, believes Maritime Strategies International (MSI) analyst Will Fray.