Fuel Switch Snapshot: Pooling slump erases LBM’s edge over LNG

Liquefied biomethane (LBM) has flipped from a $2/mt discount to LNG to a $48/mt premium over it in Rotterdam for vessels with Otto medium speed (Otto MS) engines. For vessels with diesel slow speed (diesel SS) engines, it has flipped from a $6/mt discount to a $43/mt premium. OceanScore’s FuelEU pooling index has fallen by 10 points to 55, indicating a decrease in the availability of low-carbon fuels.