Asia/Pacific News
EPS Names Three LNG Dual-Fuel Newcastlemax Bulk Carriers
Singapore-based Eastern Pacific Shipping (EPS) announced the naming of three of its new LNG dual-fuel Newcastlemax bulk carriers at Qingdao Beihai Shipbuilding.
The 210,000 DWT vessels, Mount Victoria, Mount Yulong and Mount Wuyi, are the third, fourth and fifth ships in a 14-vessel Newcastlemax series being built at the Chinese yard, Cyril Ducau, CEO of EPS, said in a LinkedIn post yesterday.
All three ships were delivered five months ahead of their contracted delivery dates.
The project involves CSSC Group and Qingdao Beihai Shipbuilding, with financing support from Sinosure, OCBC and China Exim Bank.
The vessels will be chartered to Shourong Shipping, part of Shougang Group.
As of now, the global LNG-fuelled fleet comprises 942 vessels, including 251 container ships, 154 car carriers and 73 bulk carriers, according to data from the classification society DNV.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 932.00 | 0.50 | 1345.00 | 27.00 |
| Rotterdam | 759.00 | 6.00 | 1425.00 | 11.50 |
| Houston | 791.50 | 6.50 | 1417.50 | 9.00 |
| Fujairah | 968.00 | 11.50 | 1735.00 | 58.50 |
| APAC Average | 1005.50 | 4.00 | 1463.00 | 0.50 |
| Global 20 Ports Average | 920.00 | 8.50 | 1552.00 | 19.50 |
| Global 4 Ports Average | 865.50 | 4.50 | 1491.50 | 61.00 |
| Global Average Bunker Price | 962.00 | 3.50 | 1611.50 | 12.50 |
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