Asia/Pacific News
NYK Venture Launches New LNG Dual-Fuel Ship
An NYK joint venture has launched a new LNG dual-fuel carrier for China's CNOOC Group.
The 174,000 m3 ship, Greenergy River, was named yesterday at Hudong-Zhonghua Shipbuilding in China, NYK said in a press release on Wednesday.
The vessel is the first of six LNG carriers that Huajing LNG Transport (HLT) will deploy for CNOOC Gas and Power Singapore Trading & Marketing.
HLT is a joint venture between NYK, CNOOC's Singapore trading arm, CETS Investment Management and China Merchants Energy Shipping.
The vessel is also the first China-built LNG carrier involving NYK to operate under a long-term charter with a Chinese customer.
Greenergy River is scheduled to begin transporting LNG sourced by CNOOC from global suppliers to China this month.
The ship is equipped with a WinGD dual-fuel engine capable of running on LNG or conventional marine fuels.
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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