World News
Cargill Takes Delivery of Fuel Efficient Tanker
Product and chemical tanker specialist Ardmore Shipping said Monday it has taken delivery of the Ardmore Seaventure from SPP Shipbuilding (SPP) in Korea and immediately delivered the tanker to Cargill on a 12 month time charter arrangement.
The fuel efficient 49,999 deadweight tonnes (dwt) IMO 3 product and chemical tanker is the second vessel to be delivered to Ardmore Shipping from a series of four orders that were placed with SPP.
"We are delighted to welcome the Ardmore Seaventure to our fleet. She is a very high quality vessel, designed and built to industry-leading standards by SPP Shipbuilding, and incorporating a number of the latest technologies to ensure a high level of fuel efficiency and operational performance," commented Ardmore Shipping CEO Anthony Gurnee.
"We are very pleased to see her enter service immediately with Cargill and confident that she and her crew will serve Cargill with distinction."
Features of Ardmore Seaventure designed to increase fuel efficiency, include a MAN B&W electronic engine, combined with a Mewis Duct and high performance hull coating from International Paint, together with SkySails' Performance Monitor voyage optimisation system.
Ardmore says it expects to take delivery of the third and fourth vessels, also 49,999-dwt IMO 3 product and chemical tankers, from SPP Shipbuilding in early 2014.
Last October, Cargil, along with Huntsman Corp. and UNIPEC UK, who combined charter over 350 million tonnes of commodities annually, said they had all decided to charter only the most fuel-efficient "eco-friendly" ships.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 624.50 | 1.00 | 732.00 | 8.50 |
| Rotterdam | 571.00 | 3.00 | 758.00 | 16.50 |
| Houston | 591.50 | 4.00 | 760.00 | 5.50 |
| Fujairah | 629.00 | 0.50 | 877.50 | 3.00 |
| Global 20 Ports Average | 637.00 | 0.00 | 819.00 | 3.00 |
| Global 4 Ports Average | 604.00 | 0.00 | 782.00 | 5.50 |
| Global Average Bunker Price | 688.00 | 2.50 | 879.00 | 1.00 |
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