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Bunker One Signs Deal to Market Bunker-Saving Catalyst to Shipping Customers
Global marine fuel supplier Bunker One has signed a deal to market a fuel-saving catalyst to customers in the shipping industry.
The firm now has exclusive rights to promote and sell Purify Fuel's nanO2 fuel combustion catalyst to shipping companies, it said in a statement on its website on Wednesday.
A trial on the Alsia Swan early on this year saw fuel savings of 6.4% on MGO and 5.9% on VLSFO when using the catalyst.
Bunker One is now set to carry out a larger six-month trial on multiple vessels.
"The significant fuel savings observed on M/T Alsia Swan were truly impressive," Peter Zachariassen, CEO of Bunker One, said in the statement.
"NanO2 could be a pivotal facilitator for shipping lines transitioning to sustainable fuel and a key contributor to meeting the IMO's carbon targets."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 571.00 | 1.50 | 685.50 | 5.50 |
| Rotterdam | 516.50 | 1.50 | 677.50 | 3.50 |
| Houston | 556.00 | 6.00 | 679.00 | 1.00 |
| Fujairah | 565.00 | 4.50 | 755.00 | 1.50 |
| Global 20 Ports Average | 589.00 | 3.00 | 764.50 | 3.50 |
| Global 4 Ports Average | 552.00 | 3.00 | 699.00 | 2.50 |
| Global Average Bunker Price | 635.50 | 1.00 | 811.50 | 11.00 |
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