World News
GAC Highlights Bunker Savings from GAC-SMHI Weather Solutions
The Gulf Agency Company (GAC) Tuesday highlighted possible fuel savings that can be gleaned by shipowners utilising GAC-Swedish Meteorological and Hydrological Institute (SMHI) Weather Solutions.
GAC has previously noted that some of its customers claim to saved up to 10 percent on fuel through the use of GAC-SMHI Weather Solutions.
SMHI's ensemble forecasts can provide as many as 50 estimates on the impact weather could have on both speed and fuel consumption.
"Such safer forecasts give greater opportunities to optimise the vessels' routes at the beginning of a long journey," explains GAC.
"Its custom-built software Fleetweb combines modern visualisation technology, service design and an advanced yet intuitive monitoring interface. By connecting multiple systems, it gives a total overview of the fleet while ensuring optimum vessel use."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.50 | 1.00 | 770.00 | 3.50 |
| Rotterdam | 601.50 | 2.50 | 754.00 | 2.00 |
| Houston | 619.00 | 11.50 | 795.50 | 3.00 |
| Fujairah | 651.50 | 1.00 | 895.00 | 2.00 |
| Global 20 Ports Average | 664.00 | 1.50 | 856.50 | 2.00 |
| Global 4 Ports Average | 630.00 | 3.00 | 803.50 | 2.50 |
| Global Average Bunker Price | 718.00 | 0.50 | 914.50 | 0.50 |
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