World News
Solvang Chooses Scrubbers for "Cost Effective" Operation of Newbuild ECO Carriers
Solvang ASA (Solvang) has announced that its new 21,000 cubic metre (cbm) ECO ethylene carriers will be equipped with exhaust gas cleaning systems (scrubbers) to enable "cost effective" operation through HFO-fuelled operations.
"Our new class of ethylene carriers will be the first HFO (Heavy Fuel Oil) fuelled TIR III compliant Ethylene carriers in the world," explained Solvang.
"The vessel specification and detailed design is based on experience with our previous ECO design where we combine cost effective means for minimising the overall fuel consumption."
Solvang says that, with the implementation of a global 0.50 percent cap on sulfur in bunkers set for 2020, scrubber technology will become economical - even outside current emission control areas (ECAs).
"In the 'well to propel' perspective, HFO operation gives approximately 10-15 percent lower CO2 emissions than operation on MGO," said Solvang.
The company says its new vessels will specifically feature hybrid exhaust gas cleaning systems and Solvang low pressure Exhaust Gas Recirculation (EGR) system, which was developed onboard the Solvang vessel Clipper Harald.
Solvang notes the system demonstrated an NOx emission reduction of nearly 80 percent onboard the Clipper Harald when using low pressure EGR.
"When combining exhaust gas cleaning and EGR we get a very cost effective 'all in solution,'" said Solvang, adding that, compared to MGO operations, the daily cost savings are estimated at about $5,000 to $6,000.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 624.50 | 1.00 | 732.00 | 8.50 |
| Rotterdam | 571.00 | 3.00 | 758.00 | 16.50 |
| Houston | 591.50 | 4.00 | 760.00 | 5.50 |
| Fujairah | 629.00 | 0.50 | 877.50 | 3.00 |
| Global 20 Ports Average | 637.00 | 0.00 | 819.00 | 3.00 |
| Global 4 Ports Average | 604.00 | 0.00 | 782.00 | 5.50 |
| Global Average Bunker Price | 688.00 | 2.50 | 879.00 | 1.00 |
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