Asia/Pacific News
Tsuneishi Delivers Methanol Dual-Fuel Bulk Carrier
Japanese shipbuilder Tsuneishi Shipbuilding has delivered a dual-fuel methanol Kamsarmax.
The 45,500 GT vessel, Brave Quest, was delivered by its Philippines yard - Tsuneishi Heavy Industries (CEBU), the shipbuilder said in a statement on its website on Wednesday.
The dual-fuel engines will allow the vessel to run on methanol and conventional marine fuels.
“The use of methanol as a fuel can reduce nitrogen oxides (NOx) by up to 80%, sulfur oxides (SOx) by 99%, and carbon dioxide (CO₂) by approximately 10% compared to conventional fuel oil,” Tsuneishi said.
Tsuneishi has not disclosed the name of the vessel's owner.
Earlier this year, Tsuneishi delivered the world’s first dual-fuel methanol Kamsarmax bulk carrier for charter to commodities firm Cargill.
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| VLSFO | MGO | |||
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| $/mt | +/- | $/mt | +/- | |
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| Fujairah | 941.50 | 97.50 | 1640.50 | 151.50 |
| APAC Average | 1119.00 | 15.50 | 1697.50 | 0.00 |
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| Global Average Bunker Price | 1022.50 | 24.50 | 1535.50 | 13.50 |
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