World News
Godby Shipping Orders Two Methanol-Ready Ro Ro Vessels
Wednesday February 18, 2026
Finland’s Godby Shipping has ordered two ro-ro vessels suitable for conversion to run on alternative marine fuels such as methanol.
The order was placed with CIMC Raffles in China with an option for two more ships, Godby Shipping said in a LinkedIn post on Tuesday.
The vessels are expected to offer 70-100% more cargo capacity than the operator’s existing Mimer and Midas ships while maintaining similar fuel consumption.
They will be equipped with shore power and batteries for zero-emission port stays and short voyages, and will be prepared for waste-heat recovery and alternative fuels, including methanol.
Construction is due to begin in 2027, with deliveries scheduled for late 2028 and early 2029.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 490.50 | 6.00 | 676.50 | 6.50 |
| Rotterdam | 456.50 | 6.00 | 682.00 | 6.50 |
| Houston | 457.50 | 2.00 | 657.50 | 3.00 |
| Fujairah | 478.00 | 2.00 | 745.50 | 2.50 |
| Global 20 Ports Average | 512.50 | 2.50 | 765.50 | 3.00 |
| Global 4 Ports Average | 470.50 | 4.00 | 690.50 | 5.00 |
| Global Average Bunker Price | 554.50 | 0.50 | 803.50 | 2.00 |
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