World News
AIP Granted for LNG-Powered Coal Carrier Design
Mitsui O.S.K. Lines (MOL) says that, along with Tohoku Electric Power Co., Inc. (Tohoku Electric Power), and Namura Shipbuilding Co., Ltd. (Namura Shipbuilding), it has been granted Approval in Principle (AIP) from Lloyd's Register (LR) for the design of a liquefied natural gas (LNG)-powered coal carrier.
Together, the three companies have moved ahead with the project, recently conducting a Hazard Identification Study (HAZID) and completing basic design.
"The vessel design ensures sufficient cargo capacity without making the hull larger by installing the LNG fuel tank at the stern," explained MOL.
"In addition, the study is pursued based on installation of the tank cover with an eye toward preventing an onboard fire from spreading to the LNG fuel tank while streamlining inspection work."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 645.00 | 2.00 | 767.50 | 11.50 |
| Rotterdam | 600.00 | 8.00 | 751.50 | 13.00 |
| Houston | 627.50 | 9.00 | 796.00 | 11.50 |
| Fujairah | 649.50 | 0.00 | 889.00 | 0.50 |
| Global 20 Ports Average | 665.00 | 0.50 | 864.00 | 6.50 |
| Global 4 Ports Average | 630.50 | 5.00 | 801.00 | 9.00 |
| Global Average Bunker Price | 722.50 | 2.50 | 922.50 | 3.00 |
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