World News
AET Hails VLCC Newbuild's Ballast Water System
Petroleum tanker operator AET say it has received one of the world's first newbuilds to comply with the International Maritime Organisation (IMO)'s Ballast Water Management Convention, the very large crude carrier (VLCC) Eagle Vancouver.
The IMO convention, which has not yet been ratified, calls for vessels to exchange or treat their ballast water on every voyage to avoid spreading potentially destructive organisms.
The Eagle Vancouver has a ballast water management (BWM) system that uses electrolysis to disinfect the water.
"Investing in ballast water treatment technology at this early stage ensures that AET stays ahead of industry requirements and demonstrates our readiness to embrace our environmental responsibilities," said AET President and CEO Hor Weng Yew.
"This vessel is the first of four newbuild VLCCs to join our fleet in 2013 and all will comply with the BWM Convention."
The vessel also features fuel-saving technology including a pre-swirl stator, rudder bulb and propeller boss cap fins, and two more VLCCs to be delivered this year will also have super long-stroke engines that deliver more power for less fuel.
Last fall, IMO Secretary-General Koji Sekimizu called on ship owners to support the BWM Convention and to implement its provisions even before it is ratified.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 504.50 | 2.50 | 620.00 | 3.00 |
| Rotterdam | 456.00 | 1.50 | 621.50 | 2.00 |
| Houston | 476.00 | 7.00 | 624.00 | 1.00 |
| Fujairah | 496.50 | 2.00 | 713.00 | 2.50 |
| Global 20 Ports Average | 526.50 | 0.50 | 712.00 | 0.50 |
| Global 4 Ports Average | 483.00 | 2.00 | 644.50 | 0.50 |
| Global Average Bunker Price | 570.50 | 1.50 | 751.00 | 1.00 |
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