World News
Study Concludes that Glycerine is a Viable Alternative Marine Fuel
Glycerine could be a viable alternative to marine fuel, a research project led by U.K. marine business organization Marine South East has found.
The group announced that it, along with four partners, had finished its year-long Glycerine Fuel for Marine Sustainability (GLEAMS) project, which has found glycerine to be a non-toxic, low-emission fuel for the sector.
GLEAMS is now moving to explore early marine sector applications, which include wind farm support, research and education, military, and super yacht ships.
Cold-ironing, or shore power, has also been raised as a possible market where subsidies are currently available in the UK.
Glycerine was previously thought to be unsuitable for fuel due to its physical and chemical properties.
GLEAMS however, demonstrated glycerine's use in compression ignition engines using a test engine at Seawork International 2014 earlier this summer.
At present however, glycerine, which is a byproduct of the biodiesel industry, still has insufficient supply to serve as fuel for deep-sea shipping, though there is enough to support smaller vessels and shore applications.
The members of the project include Aquafuel Research Ltd, Gardline Marine Sciences Ltd, Redwing Environmental Ltd, and Lloyd's Register.
Lloyd's Register also sought to bring attention to glycerine as a fuel early this year during a workshop in February.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 649.00 | 0.00 | 770.00 | 5.00 |
| Rotterdam | 602.50 | 1.00 | 762.00 | 2.50 |
| Houston | 630.50 | 4.00 | 796.50 | 2.50 |
| Fujairah | 648.50 | 0.50 | 900.00 | 4.50 |
| Global 20 Ports Average | 666.00 | 2.00 | 856.00 | 1.00 |
| Global 4 Ports Average | 632.50 | 0.50 | 807.00 | 1.00 |
| Global Average Bunker Price | 715.50 | 1.00 | 893.00 | 8.00 |
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