World News
Shell Inks Another LNG Bunker Supply Deal
Royal Dutch Shell plc (Shell) through Shell Western LNG B.V. (Shell Western LNG) has signed another liquefied natural gas (LNG) supply deal, this time with Van der Kamp International Dredging B.V. (Van der Kamp), LNG World News reports.
Under the new agreement, Shell will supply LNG bunkers to Van der Kamp's new LNG-powered dredger, Ecodelta, which is currently under construction by Netherlands-based Barkmeijer Shipyards.
"This agreement shows the continued momentum of LNG as a fuel option. LNG is now an effective alternative to traditional fuels for ships around the world, and we are ready to supply customers in Northwest Europe," said Lauran Wetemans, Shell's General Manager Downstream LNG.
"Working together in close collaboration with companies like Van der Kamp will help enable the move to a cleaner, more efficient shipping sector in the future."
The vessel is slated be put into operations at the Port of Rotterdam from 2018 until 2023.
The agreement with Van der Kamp is just the latest in a series of LNG supply deals that Shell has signed as part of its efforts to make its mark within the LNG bunkering market.
Last month, Shell announced that its first LNG bunker barge is set to be operational in Northwest Europe this summer.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 649.00 | 0.00 | 770.00 | 5.00 |
| Rotterdam | 602.50 | 1.00 | 762.00 | 2.50 |
| Houston | 630.50 | 4.00 | 796.50 | 2.50 |
| Fujairah | 648.50 | 0.50 | 900.00 | 4.50 |
| Global 20 Ports Average | 666.00 | 2.00 | 856.00 | 1.00 |
| Global 4 Ports Average | 632.50 | 0.50 | 807.00 | 1.00 |
| Global Average Bunker Price | 715.50 | 1.00 | 893.00 | 8.00 |
Popular Now More
-
Apr 30Straits Energy Resources unit Tumpuan Megah Development delivered about 4,5000 mt of a B24 blend to a container ship at Tanjung Pelepas on April 25. -
Apr 29The company is looking for candidates with experience in negotiating deals and a functional understanding of vessel and bunkering operations. -
Apr 29Peninsula has signed a letter of intent with Unimot Paliwa setting out plans to cooperate on bunker supply at Gdansk and Gdynia.