World News
Safe Bulkers Launches First Methanol Dual-Fuel Bulk Carrier
Dry bulk transportation firm Safe Bulkers has launched its first methanol dual-fuel bulk carrier in China.
The 81,200 DWT Kamsarmax bulk carrier was launched yesterday at the Tsuneishi shipyard on Xiushan Island in Zhoushan, the firm said in a LinkedIn post on Friday.
The dual-fuel vessel is scheduled for delivery at the end of October 2026.
“Safe Bulkers, Inc. continues to advance its fleet renewal program through the acquisition of next‑generation EEDI Phase 3 vessels and the integration of technologies that enhance both operational and energy efficiency,” the firm said.
A second dual-fuel methanol is expected to join the firm’s fleet next year.
While methanol is gaining traction as a marine fuel, the global methanol-fuelled fleet remains heavily concentrated in the container segment.
According to DNV data, there are currently 145 methanol-fuelled ships in operation, including 83 container ships and 41 tankers, with bulk carriers still representing only a small share of the fleet.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 937.00 | 3.50 | 1341.00 | 12.50 |
| Rotterdam | 763.00 | 6.00 | 1434.50 | 5.50 |
| Houston | 805.50 | 16.00 | 1422.00 | 15.00 |
| Fujairah | 969.00 | 0.50 | 1751.00 | 7.50 |
| Global 20 Ports Average | 919.00 | 1.00 | 1552.00 | 6.00 |
| Global 4 Ports Average | 868.50 | 6.00 | 1487.00 | 6.50 |
| Global Average Bunker Price | 958.50 | 5.00 | 1598.00 | 19.50 |
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