World News
Brazil's Dual-Fuel Ethane Ship Sets Off on Maiden Voyage to US
Brazilian petrochemical firm Braskem has taken delivery of a 36,000 m3 capacity dual-fuel vessel Brilliant Future from China's Jiangsu Yangzi-Mitsui Shipbuilding.
The vessel is currently en route to the US, Braskem said in a LinkedIn post.
The Brilliant Future, funded by Ocean Yield, is equipped with dual-fuel engines capable of running on ethane and conventional marine fuels.
"Powered by ethane and bunker fuel, the Brilliant Future reduces CO2 emissions by 40% compared to the average fleet built in the last decade, while maintaining cargo at -92°C with great efficiency," Braskem said.
Dual-fuel ethane ships can use boil-off gas from cargo - in this case, ethane - as fuel to power the vessels. This benefits shipowners, as the boil-off gas, which would otherwise be wasted, can be utilised to power the ships, reducing the frequent need for bunkering.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 593.00 | 1.00 | 715.50 | 0.50 |
| Rotterdam | 551.00 | 1.00 | 677.00 | 11.00 |
| Houston | 573.50 | 1.50 | 732.50 | 1.50 |
| Fujairah | 580.50 | 0.50 | 770.50 | 0.50 |
| Global 20 Ports Average | 611.00 | 2.00 | 780.50 | 7.00 |
| Global 4 Ports Average | 574.50 | 0.00 | 723.50 | 3.00 |
| Global Average Bunker Price | 651.00 | 2.50 | 831.50 | 4.50 |
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