Highlights Platts Analytics sees spread hitting scrubber installations this year Stolt-Nielsen, others signal scrubber investment re-evaluation Long-term logic at odds with near-term price squeeze on fuel price spread London — The gap between those voicing the merits of scrubber economics longer term and shipowners’ appetite to install them is growing ever wider as oil prices continue to hit fresh lows. Shipping company Stolt-Nielsen just last week said it plans to cancel installations of gas exhaust cleaning systems where possible as it looks to find savings of $30 million in capital spending in its tanker division. The upfront cost of scrubbers is particularly high for a shipping industry hit by tough credit conditions and weaker global trade with the coronavirus pandemic having sent most of the globe into lockdown and Brent crude below $20/b. Scrubber maker Wartsila struck […]