World News
Trial of Boat Using Hydrogen Fuel Cell Completed in Japan
A hydrogen fuel cell powered boat has completed its first sea trials in Japan.
The experimental vessel is a product of a joint project involving two Asian firms, Yanmar and Japan's Toyota, according to the website plugboats.
Separately, Toyota has the technology onboard the Energy Observer, a catamaran undertaking a global voyage powered by solar power and hydrogen.
The Japanese manufacturer is one of the backers of the eco ship which is seen as a laboratory for alternative marine fuels.
While oil-derived bunker fuel remains the principal fuel for ships, other energy forms are gaining in prominence with liquified natural gas seen by many as the commercial front-runner. But shipping firms are taking an increased interest in other alternative forms, one of which is hydrogen.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.50 | 1.00 | 770.00 | 3.50 |
| Rotterdam | 601.50 | 2.50 | 754.00 | 2.00 |
| Houston | 619.00 | 11.50 | 795.50 | 3.00 |
| Fujairah | 651.50 | 1.00 | 895.00 | 2.00 |
| Global 20 Ports Average | 664.00 | 1.50 | 856.50 | 2.00 |
| Global 4 Ports Average | 630.00 | 3.00 | 803.50 | 2.50 |
| Global Average Bunker Price | 718.00 | 0.50 | 914.50 | 0.50 |
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