Asia/Pacific News
K Line Secures Bio-LNG Supply for LNG-Fuelled Car Carriers
Japanese shipping firm Kawasaki Kisen Kaisha (K Line) has signed an agreement to secure long-term supplies of bio-LNG from an unnamed supplier and has begun using the fuel in its LNG-fuelled car carriers.
The company expects the move to cut GHG emissions by around 60,800 tonnes per year, it said in a statement on its website on Wednesday.
Bio-LNG is produced from organic waste such as livestock and food residues and can be used in existing LNG-fuelled vessels without modification.
The fuel being used is ISCC-EU certified, aligning with the EU’s Renewable Energy Directive and supporting supply chain decarbonisation efforts.
The initiative forms part of K LINE’s Environmental Vision 2050, which targets net-zero emissions by mid-century, with bio-LNG seen as a near-term solution alongside future zero-emission fuels.
Last year, K Line completed its first bio-LNG bunkering operation of a car carrier at Port of Zeebrugge, with the fuel supplied by Shell Western LNG BV.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 873.50 | 5.50 | 1811.50 | 61.50 |
| Rotterdam | 716.50 | 29.50 | 1331.50 | 32.00 |
| Houston | 903.50 | 5.50 | 1294.50 | 45.50 |
| Fujairah | 841.50 | 28.00 | 1705.00 | 30.50 |
| APAC Average | 1045.50 | 9.00 | 1974.00 | 91.50 |
| Global 20 Ports Average | 957.50 | 7.50 | 1692.00 | 2.00 |
| Global 4 Ports Average | 833.50 | 11.50 | 1535.50 | 23.00 |
| Global Average Bunker Price | 1011.50 | 4.00 | 1677.00 | 28.00 |
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