World News
Klaveness Says Newbuild CABU Carriers to Deliver 5-10% Bunker Savings
Torvald Klaveness (Klaveness) says it will soon take delivery of three next-generation caustic bulk (CABU) combination carriers that have been designed to reduce bunker consumption by 5 - 10 percent compared to the first generation CABUs.
The fuel savings are said to be the result of an optimised hull form, various "fuel saving devices", as well as a low RPM main engine with large diameter propeller.
The vessels will also feature improved performance monitoring software, trim optimisation, and fuel-saving electrical motors and auxiliary engines.
"With the delivery of the second generation CABUs, Klaveness will considerably expand its combination carrier business venturing into new cargoes, new trade lines and servicing new customers," said Engebret Dahm, Head of Combination Carriers at Klaveness.
The three carriers MV Baffin, MV Balboa, and MV Ballard - all built by Zheiang Ouhua Shipbuilding Co.Ltd - are set to be delivered at the end of September, in November, and in January, respectively.
Klaveness held naming ceremonies for the first two of three vessels, MV Baffin and MV Balboa, at the shipyard in Zhoushan last week.
In February, Ship & Bunker reported that, in an effort to stem losses resulting from a dramatic fall in dry bulk rates on the back of depressed commodities markets and a Chinese economic slowdown, Klaveness had reportedly added between six and eight vessels to its Bulkhandling Pool.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 511.00 | 11.50 | 602.50 | 10.00 |
| Rotterdam | 479.00 | 1.00 | 618.50 | 1.50 |
| Houston | 464.50 | 4.00 | 615.50 | 5.00 |
| Fujairah | 506.00 | 2.50 | 703.50 | 7.50 |
| Global 20 Ports Average | 532.00 | 4.50 | 708.50 | 4.00 |
| Global 4 Ports Average | 490.00 | 4.50 | 635.00 | 6.00 |
| Global Average Bunker Price | 570.00 | 1.00 | 752.50 | 6.00 |
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