World News
Disney Cruise Line Takes on Methanol-Fuelled Cruise Ship
Florida-based Disney Cruise Line has taken on a partially-constructed cruise ship that will run on methanol.
The firm is working with the Meyer Werft shipbuilding company to complete the construction of the cruise ship formerly known as Global Dream, it said in a statement on its website on Thursday. The ship's previous owner filed for bankruptcy before completing the vessel.
The 208,000 GT ship will have capacity for about 6,000 passengers and 2,300 crew, and is expected to be among the first cruise vessels with methanol propulsion systems.
Methanol has rapidly gained in popularity as an alternative marine fuel over the past two years since AP Moller-Maersk's announcement that its first carbon-neutral vessels would come with methanol propulsion systems. The next key step for this market will be to ramp up production of green methanol and develop the necessary delivery infrastructure at bunkering hubs.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 571.00 | 1.50 | 685.50 | 5.50 |
| Rotterdam | 516.50 | 1.50 | 677.50 | 3.50 |
| Houston | 556.00 | 6.00 | 679.00 | 1.00 |
| Fujairah | 565.00 | 4.50 | 755.00 | 1.50 |
| Global 20 Ports Average | 589.00 | 3.00 | 764.50 | 3.50 |
| Global 4 Ports Average | 552.00 | 3.00 | 699.00 | 2.50 |
| Global Average Bunker Price | 635.50 | 1.00 | 811.50 | 11.00 |
Popular Now More
-
Nov 21CCO Christoffer Berg Lassen is stepping down from the company to be replaced by Anders Grønborg, while Peder Møller becomes its first chief operating officer. -
Nov 20The ISO 6853:2024 specifications, the first of their kind, cover the general requirements and properties for methanol specifically being used as marine fuel. -
Nov 21CTI-Maritec reports on undeclared quantities of cashew nut shell liquid found in VLSFO samples from Rotterdam and Singapore.