Asia/Pacific News
PIL Names Two LNG-Fuelled Boxships in Shanghai
Singapore-based Pacific International Lines (PIL) has named two LNG dual-fuel container ships at a ceremony at the Hudong-Zhonghua Shipbuilding yard in Shanghai, China.
The 13,000 TEU ships, Kota Elok and Kota Elan, are the first in a series of 13 ships being built as part of PIL's fleet renewal programme, the firm said in a statement on its website on Tuesday.
They will be deployed on the carrier's Asia-South America service.
The ships will be capable of running on LNG and conventional marine fuels and feature fuel-saving technologies including optimised hull designs and energy-efficient systems.
LNG is seen as a more readily available alternative marine fuel option compared to methanol or ammonia.
However, these LNG-fuelled ships may still need to transition to lower-carbon fuels such as bio-LNG as emissions rules tighten.
Bio-LNG can be used as a drop-in fuel in LNG-fuelled ships.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 963.00 | 26.00 | 1351.50 | 10.50 |
| Rotterdam | 766.00 | 3.00 | 1446.00 | 11.50 |
| Houston | 817.00 | 11.50 | 1421.00 | 1.00 |
| Fujairah | 981.00 | 12.00 | 1768.50 | 17.50 |
| APAC Average | 1029.50 | 32.00 | 1478.50 | 13.50 |
| Global 20 Ports Average | 929.50 | 10.50 | 1565.00 | 13.00 |
| Global 4 Ports Average | 882.00 | 13.50 | 1496.50 | 9.50 |
| Global Average Bunker Price | 978.50 | 20.00 | 1616.50 | 18.50 |
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