World News
Demand for Efficient and Low-Emission Propulsion Systems is Increasing, Says Compressor Systems Firm
Burckhardt Compression AG says "numerous orders" for its Laby-GI compressor for fuel gas supply were placed between December 2014 and March of this year and will be used to supply fuel gas to energy-efficient, environmentally friendly dual-fuel ship propulsion systems.
The Swtizerland-based firm says the orders reflected increased demand for efficient and low-emission propulsion systems that are "increasing as a result of stricter environmental regulations."
The systems will be installed on several Liquefied Natural Gas tankers, according to Burckhardt, each having a capacity of 174,000 cubic meters.
"The ships' owners have chosen the propulsion solution with the best fuel efficiency and the lowest emissions, in combination with Burckhardt Compression's patented Laby-GI compressor system for fuel gas supply," Burckhardt noted.
In February Norway-headquartered maritime law firm Wikborg Rein & Co. said dual fuel technology still made sense despite the recent fall in the price of oil.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 649.50 | 2.00 | 778.50 | 8.50 |
| Rotterdam | 602.00 | 0.50 | 748.00 | 6.00 |
| Houston | 624.00 | 5.00 | 792.00 | 3.50 |
| Fujairah | 649.50 | 2.00 | 898.00 | 3.00 |
| Global 20 Ports Average | 662.00 | 2.00 | 855.00 | 1.50 |
| Global 4 Ports Average | 631.00 | 1.00 | 804.00 | 0.50 |
| Global Average Bunker Price | 717.50 | 0.50 | 913.50 | 1.00 |
Popular Now More
-
Apr 24Non-compete clauses have not always been used in a fair and reasonable way in the bunker industry, Maritime Recruitment Company Ltd's Vernon Jayanathan tells Ship & Bunker. -
Apr 25Government investigating after test results altered 'to make the fuel consumption data look better'. -
Apr 26The company is looking for candidates with bunker trading professional certifications and at least six years of experience in a similar role.