World News
K Line Partners With Tree Energy Solutions on Decarbonisation Using Synthetic LNG
Shipping company K Line and Tree Energy Solutions are set to work together closely on the use of synthetic LNG as a means of maritime decarbonisation.
The two companies are exploring potential collaboration opportunities in synthetic LNG production and import projects, TES said in a statement on its website on Wednesday.
The firms envisage supplying K Line and its subsidiaries' vessels with synthetic LNG from the TES green energy hub in Wilhelmshaven, Germany.
"At "K" LINE, we are deeply committed to realising our vision of a carbon-neutral future for maritime transport," Satoshi Kanamori, managing executive officer at K Line, said in the statement.
"Partnering with TES allows us to combine our strengths and resources to accelerate the adoption of e-NG, laying the groundwork for a more sustainable shipping and logistics industry."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 623.00 | 7.00 | 758.00 | 7.50 |
| Rotterdam | 570.00 | 7.50 | 766.00 | 3.00 |
| Houston | 611.00 | 13.00 | 784.50 | 11.00 |
| Fujairah | 623.50 | 9.50 | 861.50 | 10.00 |
| Global 20 Ports Average | 633.50 | 6.00 | 844.00 | 0.00 |
| Global 4 Ports Average | 607.00 | 9.50 | 792.50 | 8.00 |
| Global Average Bunker Price | 672.50 | 7.00 | 899.50 | 1.00 |
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