World News
Safe Bulkers Takes Delivery of First Methanol Dual-Fuel Kamsarmax
Dry bulk transportation firm Safe Bulkers has taken delivery of its first methanol dual-fuel Kamsarmax bulk carrier.
The dual-fuel vessel, Kypros Island, was built by Tsuneishi Shipbuilding (Zhoushan), the company said in a LinkedIn post on Thursday.
It’s the first dual-fuel bulker to enter the Cyprus Registry, Safe Bulkers added.
The 81,200 DWT vessel was launched into the water in June. The company plans to add another dual-fuel vessel next year.
The global methanol-fuelled fleet remains heavily concentrated in the container segment.
According to classification society DNV data, there are currently 161 methanol-fuelled ships in operation, including 94 container ships and 43 oil/chemical 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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