World News
Odfjell Names New Wind-Assisted Chemical Tanker
Norwegian shipping company Odfjell has launched its latest 40,000 DWT chemical tanker, Bow Tanaka, in Japan.
The vessel was named and launched at Kitanihon shipyard on July 29, it said in a LinkedIn post on Tuesday.
The 28-tank stainless steel vessel is equipped with a gate rudder and foldable wind-assisted propulsion sails, designed to reduce bunker fuel consumption and emissions.
Odfjell said results from sister vessel Bow Erikson have shown energy-efficiency improvements of up to 50% compared with the average tanker in the segment.
Wind propulsion systems harness wind energy for propulsion, helping reduce bunker fuel consumption and emissions.
According to the International Windship Association, more than 100 ships are now either equipped with wind propulsion systems or classified as wind-ready.
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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