Asia/Pacific News
Wah Kwong Marks Steel-Cutting for Third Dual-Fuel LNG Carrier
Thursday May 7, 2026
Hong Kong-based shipping company Wah Kwong Maritime Transport Holdings has marked the steel-cutting ceremony for its LNG carrier at Dalian Shipyard.
The 175,000 m3 vessel will become the third ship in the company’s dual-fuel LNG carrier fleet, the company said in a LinkedIn post on Wednesday.
As more LNG-capable ships enter service, demand for LNG and cleaner alternatives such as bio-LNG is projected to rise significantly.
Bio-LNG can be used as a drop-in fuel in dual-fuel LNG ships.
The global LNG-fuelled fleet is made up of 933 vessels, with an additional 672 expected to join the fleet by 2030, according to classification society DNV data.
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 |
Popular Now More
-
Oct 23Rotterdam's bunker sales recovered slightly in Q3 from the previous quarter, but volumes remained well below year-earlier levels. -
Oct 23The acquisition includes eight bunkering vessels and a long-term lease for 28,000 m3 of tank capacity in Turkey. -
Oct 21Trading Director Maaz Ahmed tells Ship & Bunker that the firm plans to deploy more bunker barges in the future.