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Jan 30 (Reuters) – The capesize component of the Baltic sea freight index plunged to an all-time low on Thursday, hurt by high fuel costs owed to new shipping regulations and a seasonal slowdown worsened by a coronavirus outbreak.

But as the deadline approaches, analysts and traders agree that demand for the dirtier HSFO will not die out completely as an increasing number of ships get equipped with sulphur-cleaning devices in the coming years to combat pollution.

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“There’s been scrubber investment … that’s the proportion of folks that will continue to use high-sulphur fuel oil although we see a significant reduction in demand in the short run,” Sharon Weintraub, Chief Executive Officer for Supply and Trading, Eastern Hemisphere at BP told Reuters.

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“But, we expect that over time there will be more scrubber investment actually beyond 2020 – into the 2020-2024 range – we would see perhaps that demand growing back for high-sulphur fuel oil versus the short-term shift to very low-sulphur fuel oil.”

Freed from its last restraint, the sub turned end over end in the water until it was sinking stern-first. The pilots raced to secure every loose object, anything that could ricochet around the cabin when they hit bottom, then switched off all the electrical equipment, to minimise the risk of an explosive fire on impact.

But multiple attempts to secure a rescue line failed.

One submersible sprang its own leak and had to return to the surface. Another developed an electrical fault. Once, a hook and line simply refused to work, and could not be attached.

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The underwater radio telephone was working. A message from the surface reached them: the Voyager was heading back to Ireland, to fetch help .

. . help that was at least 30 hours away. Until then, the trapped men must simply cling to life and wait.

* Foreign evacuees from the Chinese city of Wuhan entered quarantine on Thursday, as deaths from a fast-spreading virus rose to 170 and markets weighed the impact of an inevitable big hit to the world’s No.

“Considering the fact that fleet supply will likely tighten due to scrubber retrofitting and potential demolitions, given that demand remains healthy, we may see stronger freight rates this year,” said Dalibor Gogic, principal analyst at IHS Markit.

* “Ships with a scrubber are capable of running an almost profitable freight rate, but since the Baltic considers only ships without a scrubber, high fuel costs are really bringing down index readings and time charter equivalent earnings,” said Peter Sand, chief shipping analyst at BIMCO.

To reduce emissions of toxic sulphur that cause premature deaths, shipowners who have long relied on the dirtiest residues of oil extraction will have to either switch to low-sulphur fuel or install exhaust gas cleaning systems from Jan. 1.

SINGAPORE, Sept 9 (Reuters) – Asia’s spot premium for 380-centistoke (cst) high-sulphur fuel oil (HSFO) is expected to ease gradually from its recent record highs as shippers adopt cleaner marine fuels next year to meet new, tougher rules on emissions from ships.

Seizing a spanner, Mallinson struggled to find a footing as he tried to undo the floor bolt that secured the 400lb lead block beneath the sub that gave it extra ballast — weight designed to help it hug the ocean floor.

After the harsh summers, it is time to say goodbye to tanning and sunburns. Monsoons relieve the summer heat but also bring troubles like pimples, acnes, excess oil on skin. But, all of us are acquainted with the entire range of products that will help us to get rid of all these skin troubles.

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