World News
Ardmore Shipping's Mark Cameron to Advise Hydrogen Fuel Cell Firm
Friday June 4, 2021
Mark Cameron, chief operating officer of Ardmore Shipping, is advising hydrogen fuel cell firm e1 Marine after his company helped to found the joint venture.
Cameron has been acting as advisor to the firm since May, according to an update to his LinkedIn profile.
Ardmore announced in March that it would be forming a joint venture with Element 1 and Maritime Partners to develop E1's methanol-to-hydrogen fuel cell system for the shipping industry.
The three firms hold equal stakes in the venture.
Fuel cells are one of the technologies being proposed as an alternative energy source from the shipping industry as it is forced to move on from oil-based bunker fuels.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 570.00 | 1.00 | 683.00 | 2.50 |
| Rotterdam | 515.50 | 1.00 | 685.00 | 7.50 |
| Houston | 555.00 | 1.00 | 678.00 | 1.00 |
| Fujairah | 563.00 | 2.00 | 754.50 | 0.50 |
| Global 20 Ports Average | 587.50 | 1.50 | 765.00 | 0.50 |
| Global 4 Ports Average | 551.00 | 1.00 | 700.00 | 1.00 |
| Global Average Bunker Price | 634.50 | 1.00 | 812.50 | 1.00 |
Popular Now More
-
Nov 26The new hire previously worked as a bunker trader for IBT Bunkering & Trading in Hamburg. -
Nov 21CCO Christoffer Berg Lassen is stepping down from the company to be replaced by Anders Grønborg, while Peder Møller becomes its first chief operating officer. -
Nov 25The organisation has been focused on developing a standard clause that is workable for most scenarios and commercial relationships, following feedback from industry consultations.