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 | 540.50 | 6.50 | 665.50 | 18.00 |
| Singapore | 602.50 | 13.50 | 676.00 | 10.00 |
| 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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