World News
MARAD Releases Free Guide to Latest Bunker Saving Measures and Technology
The U.S. Maritime Administration (MARAD) has released a new White Paper detailing the latest bunker saving measures and technologies.
"The White Paper provides ship owners and operators with an overview of the latest on energy efficiency measures for marine vessels, discussing how the technology works, potential fuel savings, applicability to various vessels types, and lifecycle costs," said MARAD.
"The Paper provides a basis upon which owners and operators can evaluate potential investments in efficiency measures and technologies.
"If implemented, these types of energy efficiency measures may also assist owners of vessels undergoing a major conversion to comply with the Energy Efficiency for Ships Regulations contained in Chapter 4 of MARPOL Annex VI," explained MARAD.
MARAD notes that the white paper was developed through the Ship Operations Cooperative Program (SOCP), with funding provided by MARAD's Maritime Environmental and Technical Assistance Program.
The white paper, which is available for free download here: http://www.socp.us/store.html
In Spetember, MARAD released the Fourth Edition of the "Exhaust Gas Cleaning Systems Selection Guide," intended to provide ship owners and operators with the up-to-date information on scrubber technology for use in complying with industry sulfur content regulations on marine fuels.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 570.50 | 1.50 | 729.00 | 9.50 |
| Rotterdam | 527.50 | 1.00 | 742.00 | 14.00 |
| Houston | 555.00 | 6.00 | 767.00 | 9.50 |
| Fujairah | 559.00 | 0.50 | 787.00 | 3.50 |
| Global 20 Ports Average | 589.00 | 1.00 | 818.00 | 14.50 |
| Global 4 Ports Average | 553.00 | 1.00 | 756.00 | 9.00 |
| Global Average Bunker Price | 616.50 | 1.00 | 838.50 | 7.50 |
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