Higher LSFO and lower HFO prices expected after 2020

Eco ships will be able to bargain a considerable premium over older vessel ahead of high bunker prices, creating a two-tier market. After 2020, Drewry expects increased LSFO/ MGO prices, along with cheaper HFO prices. This will lead to a three-tier structure. Drewry also expects a $76 per barrel price in the third and fourth quarters of 2018.