World News
MOL and Chevron to Install Wind System on LNG Carrier
Friday September 13, 2024
Japanese shipping company MOL and Chevron Shipping have agreed to install a wind-assisted propulsion system on a new LNG carrier.
The new LNG carrier, chartered by Chevron, will have a Wind Challenger hard sail system installed before its delivery in 2026, MOL said in a statement on its website on Friday. The ship will be the world's first LNG carrier with a wind-assisted propulsion system.
"We're proud of partner with MOL in Wind Challenger's industry-first LNG installation," Barbara Pickering, president of Chevron Shipping, said in the statement.
"This is another example of using novel approaches in hard-to-abate sectors to reduce carbon intensity in our LNG fleet."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 569.50 | 0.00 | 680.00 | 0.00 |
| Rotterdam | 515.00 | 1.00 | 674.00 | 2.00 |
| Houston | 550.00 | 2.50 | 678.00 | 6.50 |
| Fujairah | 560.50 | 0.50 | 753.50 | 2.50 |
| Global 20 Ports Average | 586.00 | 0.00 | 761.00 | 2.00 |
| Global 4 Ports Average | 549.00 | 1.00 | 696.50 | 2.00 |
| Global Average Bunker Price | 634.50 | 1.00 | 800.50 | 2.00 |
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