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 | 582.50 | 7.50 | 707.00 | 6.50 |
| Rotterdam | 541.00 | 6.00 | 682.50 | 9.50 |
| Houston | 586.50 | 16.00 | 734.00 | 23.00 |
| Fujairah | 573.00 | 4.00 | 762.50 | 7.50 |
| Global 20 Ports Average | 596.50 | 5.00 | 774.00 | 1.00 |
| Global 4 Ports Average | 570.50 | 8.00 | 721.50 | 11.50 |
| Global Average Bunker Price | 641.50 | 11.50 | 821.00 | 6.00 |
Popular Now More
-
Jan 08Several major Chinese maritime firms including container line COSCO have been added to the Pentagon's blacklist list for alleged ties to the People's Liberation Army. -
Jan 07The new company, Sea Leader DMCC, has already completed its first delivery. -
Jan 10Cyprus-based Elena Christodoulidou has been appointed to the role of chief commercial officer of Island Petroleum as of this month.