World News
Hempel Looks to Up Green Credentials of its Bunker Saving Antifouling Hull Coatings
Hempel, who produces a range of bunker saving antifouling hull coatings, this week said it is hoping to make its products "even more environmentally friendly."
In a project sponsored by EEA Grants, the firm's Polinya, Spain-based antifouling centre is working to increase the use of renewable raw materials in their antifouling formulations.
"For the last 30 years, we have worked consistently to drive the industry forward by developing coatings that lower the environmental impact of our customers' operations," said Josep Palasi, Strategic Technology Director of R&D at Hempel.
"Improving the environmental performance of our own formulations is a natural extension of this work, and we hope that the industry embraces the concept. At the same time, I would like to thank EEA Grants for their generous support of this important project."
Hempel, who says its antifouling coatings can reduce a vessel's fuel consumption and associated emissions by 4-8 percent a year, hit a milestone last month for its Hempaguard product, which is said has now been applied to 500 ships.
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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