World News
LNG Player Probunkers Joins "Getting to Zero" Coalition
Upcoming LNG bunker player Probunkers has underlined its belief that the use of LNG can help the industry reach full decarbonisation, by becoming member of the “Getting to Zero” Coalition.
“The Coalition’s goals and vision are spreading through the maritime industry and more stakeholders understand that contributing to and keeping up with the IMO’s targets is the only viable way forward,”, said probunkers Chief Executive Officer, Alexander Prokopakis.
"We, at probunkers, feel obliged to participate in paving this way through supporting the adoption of LNG as marine fuel, one of the dominant solutions to reach the goal of ZEVs in the near future."
While natural gas is a fossil fuel, advocates believe the new infrastructure will ultimately be used to deliver carbon-neutral fuel like synthetic natural gas (SNG), and use of traditional fossil-fuel LNG in the interim will result in a smaller emissions footprint than traditional oil bunkers.
Critics believe the science suggests otherwise and all efforts should be placed on non-fossil fuels.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 556.00 | 9.50 | 674.00 | 4.50 |
| Rotterdam | 507.00 | 5.00 | 663.50 | 12.50 |
| Houston | 549.50 | 2.50 | 677.00 | 5.00 |
| Fujairah | 548.50 | 7.00 | 748.50 | 4.50 |
| Global 20 Ports Average | 580.00 | 3.50 | 761.00 | 1.50 |
| Global 4 Ports Average | 540.00 | 6.50 | 691.00 | 6.50 |
| Global Average Bunker Price | 625.50 | 7.00 | 809.50 | 1.50 |
Popular Now More
-
Nov 27The company is looking for candidates with shipping industry experience and strong negotiation skills. -
Nov 21CCO Christoffer Berg Lassen is stepping down from the company to be replaced by Anders Grønborg, while Peder Møller becomes its first chief operating officer. -
Nov 26The company has hired Mike Parrent, formerly marketing manager for Bomin before its acquisition by Minerva Bunkering earlier this year, as its new physical desk manager in Houston.