World News
Shell Deploys New Caribbean-Based LNG Bunker Barge
Tuesday October 3, 2023
Oil major Shell has deployed a newbuild liquified natural gas bunker barge in Jamaica.
According to global head of downstream LNG Tahir Faruqui, the 18,000 cubic metre vessel New Frontier 2 undertook its first ship-to-ship bunker operation in Portland Bight, Jamaica supplying fuel to the oil and chemical tanker, Solar Catie.
Faqui's social media post added that New Frontier 2 is Shell's third ship to be deployed in the Americas and that the vessel is "part of our expansive lineup of 12 bunker vessels".
The Jamaican operation forms of a pattern of increasing LNG bunker operations enacted by the oil major. Last week, Shell bunkered a container ship in Rotterdam with LNG..
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Rotterdam | 515.00 | 1.00 | 674.00 | 2.00 |
| Singapore | 569.50 | 0.00 | 680.00 | 0.00 |
| Houston | 550.00 | 2.50 | 678.00 | 6.50 |
| Fujairah | 560.50 | 0.50 | 753.50 | 2.50 |
| Global 20 Ports Average | 586.00 | 0.00 | 761.00 | 2.00 |
| Global 4 Ports Average | 549.00 | 1.00 | 696.50 | 2.00 |
| Global Average Bunker Price | 634.50 | 1.00 | 800.50 | 2.00 |
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