World News
Gas Bunker/Supply Vessel Heads to Southeast Asia
Liquified natural gas (LNG) fuel supplier Avenir LNG has taken delivery of its first dual-purpose LNG bunker and supply vessel, the company has said.
Avenir Advantage is to start a three-year charter to Petronas LNG where the vessel will bunker ships and deliver LNG to small-scale projects in the region.
"The flexible design of our vessels allows us to support the development of the LNG bunker fuel market whilst adding to the global small-scale supply fleet;" the company's chief executive, Milorad Doljanin, said.
The move is part of the compapny's "strategic objective of supplying natural gas to otherwise inaccessible areas", he added.
Avenir LNG is building a fleet of six gas bunkering and supply vessels of 7,500 cubic meters (cu m) and 20,000 cu m capacity as well as the HIGAS LNG import facility (10,800 cu m) in Sardinia, Italy. One of a pair, Avenir Advantage has a cargo capacity of 7,500 cu m across two Type C tanks.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 649.50 | 2.00 | 778.50 | 8.50 |
| Rotterdam | 602.00 | 0.50 | 748.00 | 6.00 |
| Houston | 624.00 | 5.00 | 792.00 | 3.50 |
| Fujairah | 649.50 | 2.00 | 898.00 | 3.00 |
| Global 20 Ports Average | 662.00 | 2.00 | 855.00 | 1.50 |
| Global 4 Ports Average | 631.00 | 1.00 | 804.00 | 0.50 |
| Global Average Bunker Price | 717.50 | 0.50 | 913.50 | 1.00 |
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