World News
Feeder Fleet Will Lead the Way to a Dual Fuel Future: Wartsila
Jacob Høgh Thygesen, director merchant solutions for Wartsila Ship Design, believes the world's feeder fleet is "the obvious candidate to lead the way to a dual-fuel future."
Although the fleet consists of just 3,000 vessels out of a total 52,000 global merchant fleet, Thygesen points out that feeders are the crucial link between the "mother" vessels and container hubs at most small- and medium-sized ports.
Wartsila recently launched four new container feeder vessel designs with a focus on fuel flexibility and efficiency at this year's Nor-Shipping exhibition in Oslo.
The designs accommodate the use of HFO, HFO with scrubbers, and liquefied natural gas (LNG).
Thygesen says vessel owners will require this degree of flexibility given that the majority of feeder vessels operate in coastal areas governed by Emissions Control Area (ECA) legislation.
It was noted that LNG is one of the only fuel sources able to comply with the new 0.10 percent maximum sulfur limits.
"LNG vessels are coming; there's no way around it; I'm convinced that vessel owners who miss this boat - so to speak - will ultimately be bypassed in the market," Thygesen adds.
Several months ago, Wartsila made headlines when it announced it would be providing dual-fuel engines for what it says is the world's first dredger to run on both LNG and conventional marine fuel.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 649.00 | 0.50 | 775.00 | 3.50 |
| Rotterdam | 603.50 | 1.50 | 759.50 | 11.50 |
| Houston | 626.50 | 2.50 | 794.00 | 2.00 |
| Fujairah | 649.00 | 0.50 | 904.50 | 6.50 |
| Global 20 Ports Average | 664.00 | 2.00 | 855.00 | 0.00 |
| Global 4 Ports Average | 632.00 | 1.00 | 808.00 | 4.00 |
| Global Average Bunker Price | 716.50 | 1.00 | 901.00 | 12.50 |
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