World News
European Port Reduces Fees for Greener Ships
Wednesday December 28, 2022
Less polluting ships calling at the Slovenian port of Koper can expect a lower port fee bill.
To qualify for the reduction, ships must be part of the Environmental Ship Index (ESI), a voluntary scheme involving over fifty ports that encourages ships to operate in a more environment friendly way.
The move aims to attract ships with "state-of-the-art engines and cleaner propulsion systems", the port authority said.
Under ESI, port fee reduction is decided on a scoring system. The highest award of a hundred points goes to ships with minimal emissions when berthed. Under 50 points qualifies ships for a 5% reduction while over 50 points doubles the fee reduction to 10%.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 571.00 | 1.50 | 685.50 | 5.50 |
| Rotterdam | 516.50 | 1.50 | 677.50 | 3.50 |
| Houston | 556.00 | 6.00 | 679.00 | 1.00 |
| Fujairah | 565.00 | 4.50 | 755.00 | 1.50 |
| Global 20 Ports Average | 589.00 | 3.00 | 764.50 | 3.50 |
| Global 4 Ports Average | 552.00 | 3.00 | 699.00 | 2.50 |
| Global Average Bunker Price | 635.50 | 1.00 | 811.50 | 11.00 |
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