Asia/Pacific News
Fratelli Cosulich New Methanol-Ready Bunker Tanker Heads for Singapore
Global marine fuel supplier Fratelli Cosulich has taken delivery of a methanol-ready bunker tanker set for deployment in Singapore.
The delivery of the 7,900-DWT vessel, Anna Cosulich, took place at Taizhou Maple Leaf Shipyard in China, the company said in a press release on Wednesday.
The IMO Type 2 tanker is capable of supplying conventional marine fuels as well as methanol to ships.
It is the first of four methanol-ready IMO Type II tankers for Cosulich Marine Energy.
The methanol-ready notation indicates the ship has been designed to allow future conversion to methanol propulsion.
While such notations are becoming more common, actual conversions remain rare across the industry.
“The vessel will now commence preparations for her maiden voyage to Singapore, where she is expected to support the Group’s ongoing bunkering operations and further strengthen its presence in one of the world’s leading bunkering hubs,” Fratelli said.
Last year, Fratelli Cosulich sent one of its methanol bunker tankers to Singapore on charter to TFG Marine.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 865.50 | 8.50 | 1289.50 | 14.50 |
| Rotterdam | 686.50 | 12.00 | 1390.00 | 40.00 |
| Houston | 740.50 | 7.50 | 1388.00 | 1.50 |
| Fujairah | 963.50 | 12.50 | 1666.50 | 19.50 |
| APAC Average | 999.00 | 0.00 | 1492.50 | 1.50 |
| Global 20 Ports Average | 876.00 | 6.00 | 1520.50 | 13.50 |
| Global 4 Ports Average | 814.00 | 10.00 | 1433.50 | 18.00 |
| Global Average Bunker Price | 935.00 | 3.00 | 1594.00 | 14.00 |
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