World News
NYK Line Takes Delivery of Gas-Powered LNG Carrier
Japanese shipping company NYK Line has taken delivery of a gas carrier that can burn its cargo as bunker fuel.
The company took delivery of the LNG carrier Diamond Gas Crystal on May 31, it said in a statement on its website on Tuesday. The ship -- capable of running either on boil-off gas or MGO -- will ship LNG from an LNG Canada project in British Columbia under an 18-year charter with Diamond Gas International.
NYK ordered the ship in December 2018.
"Diamond Gas Crystal is equipped with a state-of-the-art WinGD-made dual-fuel slow-speed diesel engine (i.e., X-DF diesel engine) that has superior fuel-consumption efficiency and can operate on marine gas oil or boil off gas stored in the cargo tank," the company said in the statement.
"The vessel will also feature a re-liquefaction system that can use re-liquefied excess boil-off gas and return it to the cargo tank."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 649.50 | 2.00 | 778.50 | 8.50 |
| Rotterdam | 602.00 | 0.50 | 748.00 | 6.00 |
| Houston | 624.00 | 5.00 | 792.00 | 3.50 |
| Fujairah | 649.50 | 2.00 | 898.00 | 3.00 |
| Global 20 Ports Average | 662.00 | 2.00 | 855.00 | 1.50 |
| Global 4 Ports Average | 631.00 | 1.00 | 804.00 | 0.50 |
| Global Average Bunker Price | 717.50 | 0.50 | 913.50 | 1.00 |
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