World News
MAN Energy Solutions to Supply Maersk's First Methanol-Fuelled Ship Engine
Engineering firm MAN Energy Solutions is set to supply Maersk with a methanol-fuelled engine for its first zero-carbon ship.
The company will supply a MAN B&W 6G50ME-LGIM engine for the ship -- a 2,100 TEU feeder vessel due to enter service in mid-2023, it said in a statement on its website on Tuesday.
Maersk's announcement that it would be taking on green methanol as its fuel choice for its first carbon-neutral ship has significantly boosted interest in methanol bunkering.
"Maersk is displaying great leadership in adopting renewable methanol as part of its decarbonisation strategy – and well ahead of its initial 2030-ambition," Bjarne Foldager, senior vice president at MAN Energy Solutions, said in the statement.
"For our part, we are designing dual-fuel technology that meets the growing customer demand for sustainable shipping chains and, here, our ME-LGIM engine plays an important role.
"It's particularly pleasing to see it make its debut within the important container segment."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 655.50 | 2.00 | 808.50 | 4.50 |
| Rotterdam | 619.00 | 0.00 | 789.00 | 8.00 |
| Houston | 628.50 | 7.50 | 812.50 | 1.50 |
| Fujairah | 653.50 | 4.50 | 900.00 | 2.50 |
| Global 20 Ports Average | 672.00 | 0.50 | 885.00 | 7.00 |
| Global 4 Ports Average | 639.00 | 2.50 | 827.50 | 2.00 |
| Global Average Bunker Price | 727.50 | 1.50 | 933.50 | 5.00 |
Popular Now More
-
Apr 18Singapore's authorities are in the process of developing a regulatory framework for a methanol bunkering licence, and plan to call for applications for the licence by the end of this year. -
Apr 16The firm will acquire majority ownership of the Spanish firm for an undisclosed sum, subject to closing conditions and regulatory approvals. -
Apr 18The company is looking for candidates with at least seven years of experience, both as a trader and a manager.