World News
Singapore's Eastern Pacific Shipping Takes Delivery of First Duel-Fuelled PCTC
Singapore-based Eastern Pacific Shipping has taken delivery of its first dual-fuelled pure car and truck carrier capable of running on LNG.
The company has now taken delivery of the 7,000 CEU PCTC Lake Herman from the JinLing Shipyard, it said in a LinkedIn post on Friday.
"This 7,000 CEU PCTC is equipped with dual-fuel LNG capabilities and green features like shaft generator, shore and battery power," the company said in the post.
"LNG fuel and green technology on the vessel is testament of EPS' commitment to the development of green, low carbon vessels supporting the industry's decarbonisation goals."
LNG remains the dominant alternative fuel choice for now, with supply set up at almost all major bunkering locations. But the future viability of LNG-fuelled ships will rely on the rollout of bio- and synthetic LNG at these ports as well, as shipping firms seek to deliver lower GHG emissions.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 602.50 | 13.50 | 676.00 | 10.00 |
| Rotterdam | 540.50 | 6.50 | 665.50 | 18.00 |
| Houston | 552.50 | 21.50 | 685.50 | 25.00 |
| Fujairah | 592.50 | 17.50 | 783.00 | 10.00 |
| Global 20 Ports Average | 615.00 | 12.00 | 757.00 | 15.00 |
| Global 4 Ports Average | 572.00 | 14.50 | 702.50 | 16.00 |
| Global Average Bunker Price | 653.00 | 9.50 | 824.50 | 9.50 |
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Oct 02The new hire was previously managing director of bunker trading firm Sing Fuels from March 2018 to this month. -
Oct 03The new hire was previously managing partner of Island Gulf Energy in Dubai from July 2016 to last month. -
Oct 02The new hire was previously a bunker trader for marine fuel trading firm Pacific Bunkers in Singapore from July 2012 to last month.