World News
TECO 2030 Reports Progress in Marine Fuel Cell Development
Technology company TECO 2030 has reported progress in its work on the use of fuel cells as an energy source for shipping.
The company has completed a feasibility and concept study for marine fuel cells with AVL List, it said in an emailed statement on Friday, and will now move to the next phase of development of the technology.
"The building block of the TECO 2030 marine fuel cell system will be the Gen0 fuel cell stack, developed by AVL," TECO 2030 said in the statement.
"Over the last few weeks, various full-size stacks have been tested and have showed an impressive performance, even exceeding the defined targets.
"Within the next phase of the project, the stack platform will be optimized towards marine usage and also extensively tested to meet the lifetime requirements."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.50 | 1.00 | 770.00 | 3.50 |
| Rotterdam | 601.50 | 2.50 | 754.00 | 2.00 |
| Houston | 619.00 | 11.50 | 795.50 | 3.00 |
| Fujairah | 651.50 | 1.00 | 895.00 | 2.00 |
| Global 20 Ports Average | 664.00 | 1.50 | 856.50 | 2.00 |
| Global 4 Ports Average | 630.00 | 3.00 | 803.50 | 2.50 |
| Global Average Bunker Price | 718.00 | 0.50 | 914.50 | 0.50 |
Popular Now More
-
Apr 24Non-compete clauses have not always been used in a fair and reasonable way in the bunker industry, Maritime Recruitment Company Ltd's Vernon Jayanathan tells Ship & Bunker. -
Apr 25The new hire was previously a marine fuel trader for Vilma Oil in Madrid from June 2017 to last month. -
Apr 24The arrests were both on Monday.