World News
MOL Takes Delivery of Newbuild Eco Vessel
Mitsui O.S.K. Lines, Ltd. (MOL) Thursday announced that it has taken the delivery of its latest newbuld "eco" vessel, the woodchip carrier C.S. Bright.
The vessel, which has a cargo hold capacity of about 4.3 million cubic feet, is said to feature environmentally friendly specifications to reduce CO2 emissions including a rudder bulb fin for increased propulsion efficiency, as well as low-friction hull paint.
The C.S. Bright is also said to have been designed with a shallow draft and a cargo hold that maximises capacity, enabling the efficient loading of wood chips.
Following its delivery, the vessel is said to have departed to deliver a cargo of wood chips to Australia for Hokuetsu Kishu Paper Co., Ltd.
In July, it was announced that MOL had placed an order for methanol-powered carriers as part of its overall environmental strategy.
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| 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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