World News
Energy-Harvesting Ship Design Wins RINA Approval
UK-based startup DRIFT Energy has received approval from classification society RINA for a ship design that generates electricity at sea and converts it into hydrogen fuel onboard.
The approval was presented during the Seatrade Cruise Global event in Miami and is believed to be the first approval in principle issued for an energy-harvesting vessel concept, RINA said in an email update on Wednesday.
DRIFT’s vessels are designed to use hydro-kinetic turbines installed beneath the hull to generate electricity while sailing.
The electricity is then used to produce hydrogen through electrolysis, with the fuel stored onboard for delivery to ports and coastal users.
The company said its AI-powered routing system, known as Goldilocks, enables vessels to follow optimal weather patterns to maximise energy generation.
DRIFT plans to launch its first vessel in 2027 and said it currently has orders for more than 30 ships.
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 |
| 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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