World News
Corvus, Wartsila Note Commercial Successes
Tuesday May 22, 2018
A Canadian marine technology company has secured an order for its lithium ion battery based energy storage system with a Norwegian buyer.
Corvus Energy is to supply the equipment to Norwegian Electric System for two electricity-powered ferries operated by Fjord1.
Meanwhile, Finnish marine engineering outfit Wartsila has chalked up a hundred sales of its liquified natural gas (LNG) bunkering package, LNGpac.
These units comprise a bunkering station, LNG fuel tank and related process equipment including monitoring and control.
The LNGpacs were selected by AET Tankers for two new shuttle tankers being built in Singapore.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.50 | 1.00 | 770.00 | 3.50 |
| Rotterdam | 601.50 | 2.50 | 754.00 | 2.00 |
| Houston | 619.00 | 11.50 | 795.50 | 3.00 |
| Fujairah | 651.50 | 1.00 | 895.00 | 2.00 |
| Global 20 Ports Average | 664.00 | 1.50 | 856.50 | 2.00 |
| Global 4 Ports Average | 630.00 | 3.00 | 803.50 | 2.50 |
| Global Average Bunker Price | 718.00 | 0.50 | 914.50 | 0.50 |
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