World News
Cosco Shipping Takes Delivery of Methanol-Ready Bulk Carrier
Friday July 10, 2026
Cosco Shipping has taken delivery of a bulk carrier suitable for conversion to methanol propulsion.
The 64,000 DWT vessel, Feng Da Hai, is designed to transport a range of dry bulk commodities, including grain and coal, the company said in a social media post on Thursday.
“Beyond its cargo capabilities, Feng Da Hai is also equipped with a methanol-ready fuel interface, supporting future low-carbon propulsion options and reflecting our commitment to the ongoing green transformation of #shipping,” the firm added.
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.
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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