World News
Triyards Subsidiary Awarded Contract for Two LNG-Propulsion Eco Ferries
TRIYARDS Holdings Limited (TRIYARDS) Sunday announced that its Strategic Marine subsidiary has been awarded a €44 million ($50.19 million) contract with Rederij Doeksen (Royal Doeksen) for the construction of two "eco-friendly" liquefied natural gas (LNG) powered RoPax ferries.
"We foresee an increased focus in the environmental aspects of marine transportation and LNG emerging as the fuel of choice for vessels and ferries," said Mark Schiller, CEO for Strategic Marine.
"Our focus on the large ferry market is beginning to reap the desired results with this recent win, as we continue to focus on the vertical product chain for aluminium vessels."
Designed by UK-based BMT Nigel Gee Ltd, the two aluminium catamarans are said to feature a single-fuel LNG propulsion system, enabling increased efficiency compared to dual-fuel engines.
With a 600 passenger and 64 car capacity, the two vessels will meet "stringent" emissions requirements, says TRIYARDS, noting that construction is scheduled to begin this summer, with delivery slated for the second quarter of 2018.
In December, TRIYARDS announced that it had been awarded a $21.82 million contract by Taiwanese oil and gas company CPC Corporation (CPC) for the construction of two bunker barges.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 649.50 | 2.00 | 778.50 | 8.50 |
| Rotterdam | 602.00 | 0.50 | 748.00 | 6.00 |
| Houston | 624.00 | 5.00 | 792.00 | 3.50 |
| Fujairah | 649.50 | 2.00 | 898.00 | 3.00 |
| Global 20 Ports Average | 662.00 | 2.00 | 855.00 | 1.50 |
| Global 4 Ports Average | 631.00 | 1.00 | 804.00 | 0.50 |
| Global Average Bunker Price | 717.50 | 0.50 | 913.50 | 1.00 |
Popular Now More
-
Apr 24Non-compete clauses have not always been used in a fair and reasonable way in the bunker industry, Maritime Recruitment Company Ltd's Vernon Jayanathan tells Ship & Bunker. -
Apr 25Government investigating after test results altered 'to make the fuel consumption data look better'. -
Apr 26The company is looking for candidates with bunker trading professional certifications and at least six years of experience in a similar role.