World News
German Owner Orders 3 LNG-Powered Containerships
German owner Hartmann Reederei has ordered three 3,500 TEU capacity LNG-powered containerships from Chinese Taizhou Sanfu Shipyard, according to the latest weekly intelligence report from Alphaliner.
Delivery is expected in 2024.
The deal is understood to include an option to extend the order by a further three vessels.
Hartmann Reederei joins the steady flow of owners who in recent months have decided to switch to to using LNG bunkers, with Tasmanian-based operator SeaRoad and Japan's "K" Line among those who this month have placed orders for LNG-powered tonnage.
Earlier this month, pro LNG industry body SEA-LNG, citing data from Clarkson Research Services, noted that more than one in four ships now on order will be capable of running on natural gas.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 645.00 | 2.00 | 767.50 | 11.50 |
| Rotterdam | 600.00 | 8.00 | 751.50 | 13.00 |
| Houston | 627.50 | 9.00 | 796.00 | 11.50 |
| Fujairah | 649.50 | 0.00 | 889.00 | 0.50 |
| Global 20 Ports Average | 665.00 | 0.50 | 864.00 | 6.50 |
| Global 4 Ports Average | 630.50 | 5.00 | 801.00 | 9.00 |
| Global Average Bunker Price | 722.50 | 2.50 | 922.50 | 3.00 |
Popular Now More
-
Apr 19The firm has chartered the 7,994 DWT barge Margherita to add to the operation, operated by Fratelli Cosulich. -
Apr 18Singapore's authorities are in the process of developing a regulatory framework for a methanol bunkering licence, and plan to call for applications for the licence by the end of this year. -
Apr 19The company is looking for candidates with proven experience in bunker trading and demonstrated leadership experience.