World News
27 New Alternative-Fuelled Ships Ordered in November: DNV
A total of 27 ships capable of running on alternative fuels were ordered in November, according to classification society DNV.
Of these 27 orders, 23 were for LNG-fuelled ships, the company said in a LinkedIn post, citing the latest data from its Alternative Fuels Insights platform.
The other four ships are ammonia-fuelled, and no methanol-fuelled orders were registered.
"LNG continued to be the alternative fuel of choice for newbuild orders in November," the company said.
"Although ordering of alternative-fuelled newbuilds dipped slightly in November, this follows a record-breaking month in October."
LNG as a marine fuel has gained significant ground in the second half of the year, in particular since container line AP Moller-Maersk's decision to order new gas-powered tonnage.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 535.00 | 7.50 | 658.50 | 3.00 |
| Rotterdam | 500.50 | 3.00 | 639.00 | 5.00 |
| Houston | 540.00 | 1.50 | 661.00 | 4.50 |
| Fujairah | 532.00 | 4.50 | 743.00 | 1.50 |
| Global 20 Ports Average | 570.00 | 2.50 | 746.50 | 2.00 |
| Global 4 Ports Average | 527.00 | 3.00 | 675.50 | 1.50 |
| Global Average Bunker Price | 622.50 | 1.00 | 800.50 | 1.00 |
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