World News
Atlas Maritime Takes Delivery of LNG Dual-Fuel Vessel
Greek-shipping firm Atlas Maritime has taken delivery of its new LNG dual-fuel pure car and truck carrier from CIMC Raffles in China.
The vessel, Clean Star, has also secured a two-year time charter at $80,000/day, the firm said in a LinkedIn post yesterday.
“Adding to the excitement, we are proud to announce that CLEAN STAR has secured a two-year time charter at $80,000/day—setting a new market benchmark and breaking company records,” the firm said in the post.
LNG is seen as a more mature alternative marine fuel and is more widely available compared to other fuels such as methanol.
While it emits less CO2 than conventional fuels, methane slip - involving a potent greenhouse gas - undermines part of the fuel's green credentials.
Some shipowners are looking towards cleaner bio-LNG as an alternative, as it can be used in existing LNG-fuelled ships and delivers higher net GHG savings.
The global LNG-fuelled fleet currently stands at 929 ships, according to classification society DNV data. Container ships make up the largest segment with 246 ships, followed by car carriers with 149.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 876.50 | 22.50 | 1323.00 | 44.50 |
| Rotterdam | 700.00 | 19.00 | 1408.50 | 8.50 |
| Houston | 739.00 | 13.50 | 1384.00 | 19.50 |
| Fujairah | 960.00 | 15.50 | 1694.00 | 18.50 |
| Global 20 Ports Average | 873.00 | 12.50 | 1541.00 | 19.00 |
| Global 4 Ports Average | 819.00 | 18.00 | 1452.50 | 23.00 |
| Global Average Bunker Price | 925.50 | 3.50 | 1603.50 | 7.00 |
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