World News
Chart Ferox to build Fast Ferry LNG and Bunkering System
A contract to design, build and deliver an LNG (Liquid Natural Gas) fuel system for a turbine powered fast ferry has been awarded to Chart Ferox (Chart), a fully owned European subsidiary of Chart Industries Inc.
The boat, to be built by Incat (Australia) and destined for service in Latin America, is to be the first catamaran powered by 27,000 HP natural gas powered turbines making it, according to Chart Ferox, the world's fastest, environmentally cleanest and most efficient high speed ferry.
The entire fuel system for the 99 meter long ferry including the storage tank, piping and control system as well as the bunkering system, will be supplied by Chart Ferox.
Chart has said they plan on using their "proprietary multi-layer composite vacuum insulation system", maximizing the LNG storage volume.
The piping, pumps, heat exchangers and control system, all contained within a fire proof room, will deliver the natural gas to the turbine engine at a precise pressure and flow.
The company further explained how they plan to utilize waste heat from the turbine exhaust with a secondary heat exchanger to vaporize the LNG, changing its state to gas.
In addition, the bunkering system "is designed to load two cryogenic LNG trailers simultaneously in less than one hour, creating a virtual LNG pipeline to the ferry."
As a self-proclaimed pioneer in the development of LNG fuel delivery systems, and with the cost difference between natural gas and traditional fuels increasing, Chart feels they play "an important role in establishing the infrastructure to allow the transition to take place."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 625.00 | 9.00 | 732.00 | 15.00 |
| Rotterdam | 577.50 | 3.50 | 739.50 | 1.00 |
| Houston | 595.00 | 0.50 | 767.00 | 4.50 |
| Fujairah | 628.50 | 4.00 | 878.50 | 11.00 |
| Global 20 Ports Average | 645.50 | 0.50 | 827.00 | 5.00 |
| Global 4 Ports Average | 606.50 | 0.50 | 779.50 | 0.50 |
| Global Average Bunker Price | 703.50 | 4.00 | 886.00 | 6.00 |
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