Maersk sees major fluctuations on fuel prices

High-sulfur fuel prices have seen "unprecedented" fluctuations and have gone down in major ports Rotterdam and Singapore this year. The price spread to low-sulfur fuel could increase further next year, but Maersk CEO says the shipping company is well positioned.

Photo: PR/Maersk

The upcoming sulfur regulations have had a big impact on the prices of high-sulfur fuel in major bunkering ports Rotterdam and Singapore.

These two ports have seen "unprecedented" fluctuations during 2019 with prices having gone down in the second half of the year, writes Maersk in its third quarter interim report. The shipping company also offers an assessment of the current spread between high and low-sulfur fuel.

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