Asia/Pacific News
Two Methanol Dual-Fuel Bulk Carriers Named in China
Two 65,000-dwt methanol dual-fuel bulk carriers being built for Cyprus-based Lemissoler Navigation were named in China on July 27.
The vessels were named during a joint ceremony held by Huangpu Wenchong Shipbuilding and CSSC Trading, the shipbuilder said in a statement on its website on Tuesday.
Designed by Shanghai Shipbuilding Industry Research Institute (SSI), the bulk carriers are equipped with methanol dual-fuel engines that can operate on methanol and conventional marine fuels.
Huangpu Wenchong said the project marks its entry into the construction of methanol dual-fuel bulk carriers.
The company added that the vessels reflect growing demand for lower-emission ship designs as the shipping industry works to reduce its environmental footprint.
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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