World News
ABS Grants Approval for HD Hyundai's Fuel-Saving Ship Tech
US-based classification society ABS has approved a new HD Hyundai technology designed to cut bunker fuel consumption and improve ship performance.
The system, called VesselWise, has been developed by HD Korea Shipbuilding & Offshore Engineering, HD Hyundai Heavy Industries and HD Hyundai Marine Solution for LNG carriers, ABS said in a statement on Friday.
HD Hyundai Group said VesselWise is designed to optimise the performance of critical machinery, including air lubrication systems, wind-assisted propulsion and generator engines.
By using real-time data from each component, the system can create control scenarios to maximise fuel efficiency and improve overall operational stability.
“Following this AiP certification, we are preparing for real-ship demonstrations in 2026, marking an important milestone toward autonomous operations,” Byounghun Kwon, executive vice president of Digital Research Lab, said.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 484.50 | 6.00 | 686.00 | 8.00 |
| Rotterdam | 443.00 | 8.00 | 669.00 | 9.00 |
| Houston | 461.50 | 10.00 | 664.00 | 13.50 |
| Fujairah | 484.50 | 3.00 | 730.00 | 1.50 |
| Global 20 Ports Average | 514.00 | 2.50 | 763.50 | 4.00 |
| Global 4 Ports Average | 468.50 | 6.50 | 687.00 | 8.50 |
| Global Average Bunker Price | 563.50 | 7.00 | 803.00 | 1.50 |
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