World News
SCF Orders Four LNG-Powered Tankers Under Joint Project with Shell
Friday March 17, 2017
Russia's SCF Group (SCF), under its joint "Green Funnel" project with Shell Gas & Power (Shell), has placed an order for four 114,000 DWT liquefied natural gas (LNG)-powered newbuildings from South Korea's Hyundai Heavy Industries (HHI), Tradewinds reports.
The vessels, which are said to be set to become the world’s first LNG-fuelled Aframax tanker newbuildings, will be supplied with LNG bunkers under a supply agreement with Shell.
While SCF has not detailed the price of the vessels, this information is expected to be provided as part of a formal announcement from the yard.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 567.50 | 3.50 | 700.00 | 14.50 |
| Rotterdam | 512.50 | 4.00 | 695.00 | 17.50 |
| Houston | 556.00 | 6.00 | 679.00 | 1.00 |
| Fujairah | 562.50 | 2.50 | 755.00 | 0.00 |
| Global 20 Ports Average | 589.00 | 3.00 | 764.50 | 3.50 |
| Global 4 Ports Average | 552.00 | 3.00 | 699.00 | 2.50 |
| Global Average Bunker Price | 635.50 | 1.00 | 811.50 | 11.00 |
Popular Now More
-
Nov 21CCO Christoffer Berg Lassen is stepping down from the company to be replaced by Anders Grønborg, while Peder Møller becomes its first chief operating officer. -
Nov 25The firm has installed rotor sails expected to save 10-15% in fuel consumption on transpacific routes on board the Chinook Oldendorff. -
Nov 20The ISO 6853:2024 specifications, the first of their kind, cover the general requirements and properties for methanol specifically being used as marine fuel.