World News
U.S., Chinese Port Collaborating on Shore Power
The Port of Los Angeles says it will work together with the Port of Shanghai on expanding the use of shore power at the Chinese port.
"Los Angeles continues to see the health and economic benefits of green growth, and we are eager to support our No. 1 trading partner as it expands its shore power program," said Los Angeles Mayor Eric Garcetti.
The ports will work together as part of the EcoPartnership Program, and will build on previous collaborations between Los Angeles and the Shanghai Municipal Transportation Commission (SMTC), which oversees the Chinese port, including the creation of the Pacific Ports Clean Air Collaborative in 2006.
"We have achieved many great successes," said the SMTC.
"This new partnership and our demonstration projects will bring significant and positive impacts to Pacific ports and advance sustainable port development to maximize air quality benefits far beyond what can be accomplished by a single port."
Under the new partnership, the Port of Los Angeles will share knowledge about regulations, rules, standard, policies, electricity rates, and incentive programs to promote shore power with the Port of Shanghai.
Shanghai plans to build on a pilot program at Waigaoqiao Phase II container terminal, adding shore power to the Yangshan Deepwater Port - Phase III and the Shanghai Wusong Cruise Terminal.
Ports in the U.S. state of California, including Los Angeles, were required to adopt shore power under a law that took effect at the start of this year.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| LA / LB | 703.50 | 10.50 | 886.00 | 1.00 |
| Shanghai |
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| 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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