Asia/Pacific News
Jiangnan Delivers Its First Very Large Ammonia Carrier to EPS
China's Jiangnan Shipyard has delivered the 93,000 m3 very large ammonia carrier (VLAC) IVY COVE to Singapore-based shipowner Eastern Pacific Shipping (EPS).
The vessel, named and delivered on June 10, was designed and developed by Jiangnan Shipyard and is described as a new-generation ammonia carrier, the company said in its latest statement on its website.
The IVY COVE is the first 93,000 m3 VLAC delivered by a Chinese shipyard and the first vessel of this type to be ordered and delivered worldwide.
Following delivery, the vessel will enter service under a charter agreement with commodity trader Trafigura.
Jiangnan said the delivery marks a milestone for both the shipyard and China's shipbuilding industry in the development of next-generation gas carriers and vessels designed to transport low-carbon 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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