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 | 570.00 | 1.00 | 683.00 | 2.50 |
| Rotterdam | 515.50 | 1.00 | 685.00 | 7.50 |
| Houston | 555.00 | 1.00 | 678.00 | 1.00 |
| Fujairah | 563.00 | 2.00 | 754.50 | 0.50 |
| Global 20 Ports Average | 587.50 | 1.50 | 765.00 | 0.50 |
| Global 4 Ports Average | 551.00 | 1.00 | 700.00 | 1.00 |
| Global Average Bunker Price | 634.50 | 1.00 | 812.50 | 1.00 |
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