World News
New LNG Carrier Joins QatarEnergy's Fleet
A newly built dual-fuel LNG carrier with a capacity of 174,000 m3, the Al Tuwar, has joined QatarEnergy's fleet.
It is one of 12 vessels being constructed by NYK, K Line, Malaysia's MISC and China LNG Shipping as part of QatarEnergy's ongoing fleet expansion program, NYK said in a statement on its website on Thursday.
The naming ceremony took place at Hudong-Zhonghua Shipbuilding in China, and the Al Tuwar is expected to begin commercial operations in May.
It features dual-fuel LNG engines from Swiss engine maker WinGD, enabling it to run on LNG and conventional marine fuels.
The vessel will utilise boil-off gas from cargo as a fuel source.
Boil-off gas refers to the vaporised portion of liquefied gas cargo, such as LNG or ethane, that naturally evaporates due to heat ingress during transportation.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 501.50 | 4.50 | 609.00 | 5.50 |
| Rotterdam | 465.50 | 12.50 | 613.00 | 2.00 |
| Houston | 474.00 | 1.50 | 637.50 | 8.00 |
| Fujairah | 498.50 | 4.50 | 725.50 | 9.00 |
| Global 20 Ports Average | 529.50 | 6.00 | 717.00 | 3.00 |
| Global 4 Ports Average | 485.00 | 5.00 | 646.00 | 2.00 |
| Global Average Bunker Price | 568.00 | 4.50 | 754.50 | 7.00 |
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