World News
K Line to Add Wind-Assisted Propulsion to Coal Carrier
Japanese shipping company K Line is set to retrofit one of its coal carriers with a wind-assisted propulsion system.
The firm, together with Electric Power Development Co, have agreed to retrofit the 88,000 DWT coal carrier Corona Citrus with a Seawing automated kite system, it said in an emailed statement on Thursday.
The system is expected to cut the vessel's fuel consumption and emissions by as much as 20%.
"This system combines expertise in aviation and maritime technologies, which enable dramatic progress of propulsion assist in shipping," K Line said in the statement.
"The kite can be deployed and stored automatically with simple switching operations.
"This system collects and analyzes weather data and marine data on a real-time basis and uses the information to optimize its performance and secure maximum safety."
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 |
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