World News
Capital Ship Management Takes Delivery of Methanol-Ready Tanker
Greece-based Capital Ship Management has taken delivery of a Suezmax crude oil tanker suitable for conversion to methanol propulsion.
The 157,000 DWT ship, M/T Archigos, has been built by HD Hyundai Samho Shipyard in South Korea, the firm said in a LinkedIn post on Friday.
The vessel is one of two sister ships delivered to the company in 2026 and has been designed with a range of energy-efficiency technologies, including an optimised hull, advanced propulsion system and energy-saving devices aimed at reducing bunker fuel consumption.
Several shipowners have ordered and taken delivery of methanol-ready vessels in recent years, but most are still operating on conventional fuels and have yet to be retrofitted for methanol use.
The vessel also features Hyundai's HiNAS AI-based navigation assistance system, which provides real-time collision-risk detection.
In February, the company took delivery of a LNG-ready tanker fitted with scrubber systems.
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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