World News
Tri-Fuel LNG Carrier to Enter Service this Month
GE’s Power Conversion business (NYSE:GE), who has provided the induction-based electric propulsion motor technology for a tri-fuel electrical liquefied natural gas (LNG) carrier, say the vessel will enter service this month.
The Woodside Rogers was built by Korea's Daewoo Shipbuilding & Marine Engineering (DSME) for Maran Gas, the Gas Shipping unit of Greek shipping group Angelicoussis Shipping Group Limited, and is the first of seven LNG carriers incorporating the propulsion technology that Maran Gas has ordered from DSME for delivery between now and 2015.
The electric drive system is powered by tri-fuel engines that run on natural gas, marine diesel gas, or heavy fuel oil.
The operator could potentially save money by switching to use the lowest price fuel, it said.
In addition, GE said the layout of the tri-fuel engine provides a high level of redundancy, improving safety, while fuel consumption and emissions were also said to be lower.
"As a result of this project, we have now developed and qualified a complete standardized product range for drives, generators and motors capable to handle a wider range of power requirements than ever," says Paul English, marine business leader for GE’s Power Conversion business.
"In the future, this will allow us to produce and deliver our product on even tighter schedules than before."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 644.50 | 1.00 | 782.00 | 10.50 |
| Rotterdam | 590.00 | 10.50 | 750.50 | 9.00 |
| Houston | 608.50 | 11.00 | 777.00 | 10.50 |
| Fujairah | 643.00 | 0.50 | 891.50 | 3.50 |
| Global 20 Ports Average | 658.50 | 3.50 | 848.50 | 2.50 |
| Global 4 Ports Average | 621.50 | 5.50 | 800.50 | 3.00 |
| Global Average Bunker Price | 713.00 | 1.50 | 890.00 | 0.50 |
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