World News
Maersk Adds Another Dual-Fuel Methanol Boxship to Fleet
Container shipping firm AP Moller Maersk has expanded its methanol-fuelled fleet with the delivery of another dual-fuel methanol container ship.
The Tauranga Maersk was named in a ceremony at Yangzijiang Shipyard in China, the company said in a LinkedIn post on Tuesday.
The vessel is the second in a series of six mid-sized vessels, each with a capacity of 9,000 TEU, ordered by the company. The first vessel was delivered in February.
Equipped with a dual-fuel engine, the vessel is capable of running on methanol and conventional marine fuels.
The company operated a fleet of 21 dual-fuel vessels capable of running on methanol as of the end of March, according to its Q1 earnings release earlier this month.
Maersk was an early mover in adopting methanol as a marine fuel. However, the company has more recently also placed multiple orders for LNG-fuelled container ships as part of its broader alternative fuels strategy.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 963.00 | 26.00 | 1351.50 | 10.50 |
| Rotterdam | 766.00 | 3.00 | 1446.00 | 11.50 |
| Houston | 817.00 | 11.50 | 1421.00 | 1.00 |
| Fujairah | 981.00 | 12.00 | 1768.50 | 17.50 |
| Global 20 Ports Average | 929.50 | 10.50 | 1565.00 | 13.00 |
| Global 4 Ports Average | 882.00 | 13.50 | 1496.50 | 9.50 |
| Global Average Bunker Price | 978.50 | 20.00 | 1616.50 | 18.50 |
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