Many believe that scrubbers will split the time-charter market into two tiers. Under time-charter terms, the charterer hires the vessel for a specified period of time, paying the shipowner a dailyhire rate.The charterer also becomes responsible for the commercial expenses of the hired vessel, including bunker and port costs. So, considering the initially expected wide price spread betweenHSF0 and 0.5% LSFO at the start of the new decade, charterers may be inclined to hire vessels with scrubbers that would allow them to burn cheaper fuel, cutting their operational costs. They may also pay a premium for such tankers, passing their savings on to ship owners.