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 | 587.00 | 9.00 | 621.50 | 2.50 |
| Rotterdam | 507.50 | 1.50 | 611.00 | 2.00 |
| Houston | 513.50 | 9.50 | 642.00 | 10.50 |
| Fujairah | 574.50 | 1.00 | 774.50 | 0.50 |
| Global 20 Ports Average | 590.50 | 0.50 | 728.50 | 2.00 |
| Global 4 Ports Average | 545.50 | 5.00 | 662.50 | 2.00 |
| Global Average Bunker Price | 635.00 | 1.50 | 802.50 | 1.00 |
Popular Now More
-
Sep 13Other firms in the country may also be under investigation, a local source tells Ship & Bunker. -
Sep 18The new hire previously worked as an AML specialist for Svea Bank. -
Sep 18The ship, to be operated by Peninsula, is due for delivery in 2027.