World News
Finland's Langh Ship Orders Three LNG-Fuelled Bulkers
Thursday November 25, 2021
Finland's Langh Ship has ordered three multipurpose dry cargo vessels capable of running on LNG as a bunker fuel.
The ships will be built at the Wuhu shipyard in China and delivered from mid-2023, the company said in a statement on its website this week. The 7,800 DWT vessels will carry steel products between Finland and the Netherlands.
The ships will have dual-fuelled engines and run initially on LNG before other alternative fuels become available.
"The future will bring alternative fuels, shore power and battery technologies, which these vessels are already equipped for," Eero Pajunen, CEO of Langh Ship, said in the statement.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 655.50 | 2.00 | 808.50 | 4.50 |
| Rotterdam | 619.00 | 0.00 | 789.00 | 8.00 |
| Houston | 628.50 | 7.50 | 812.50 | 1.50 |
| Fujairah | 653.50 | 4.50 | 900.00 | 2.50 |
| Global 20 Ports Average | 672.00 | 0.50 | 885.00 | 7.00 |
| Global 4 Ports Average | 639.00 | 2.50 | 827.50 | 2.00 |
| Global Average Bunker Price | 727.50 | 1.50 | 933.50 | 5.00 |
Popular Now More
-
Apr 18Singapore's authorities are in the process of developing a regulatory framework for a methanol bunkering licence, and plan to call for applications for the licence by the end of this year. -
Apr 16The firm will acquire majority ownership of the Spanish firm for an undisclosed sum, subject to closing conditions and regulatory approvals. -
Apr 18The company is looking for candidates with at least seven years of experience, both as a trader and a manager.