Asia/Pacific News
Yang Ming Names Third LNG Dual-Fuel Container Ship
Taiwanese container shipping company Yang Ming Marine Transport has named its third 15,600 TEU LNG dual-fuel container vessel.
The vessel was named YM Wayfinder at HD Hyundai Heavy Industries' shipyard in Ulsan, South Korea, the firm said in an update on its website on Friday.
The vessel is the third in a series of LNG dual-fuel container ships being built for Yang Ming by HD Hyundai Heavy Industries.
It is fitted with a high-pressure dual-fuel main engine capable of running on LNG and conventional marine fuels.
The company's first two LNG dual-fuel sister ships, YM Willpower and YM Worthiness, are already in service and operate primarily on LNG. The two ships have bunkered more than 11,158 mt of LNG.
According to Yang Ming, the vessel is expected to cut greenhouse gas emissions by around 20% compared with conventional marine fuels.
YM Wayfinder is scheduled to begin operating on Yang Ming's Asia-North Europe FE3 service on July 1, calling at Qingdao, Ningbo, Yantian, Singapore, Felixstowe, Antwerp and Hamburg.
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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