World News
DNV GL and VPS Team Up to Develop Quality Testing Procedures for LNG Bunkers
DNV GL and Veritas Petroleum Services (VPS) are set to work together to develop test procedures for quality testing of liquefied natural gas (LNG) bunkers, Seatrade Maritime News reports.
As Ship & Bunker reported in November, DNV GL has previously warned that, if the quality of LNG bunkers is not correctly matched with an engine's requirements, engine damage and failure can result.
Liv Hovem, DNV GL's Senior Vice President, Oil & Gas, commenting on the issue at the time, said: "as LNG is produced at different locations around the world, using an assortment of production technologies, its composition can vary considerably.
"Determining its fitness-for-purpose can be difficult and the consequences of mismatching fuel quality to a specific ship engine can cause potentially dangerous effects such as significant loss of performance, engine shutdown and even damage."
As Ship & Bunker has reported, DNV GL has also developed a tool, the PKI Methane Number Calculator, to help users of LNG bunkers mitigate such risks.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 644.50 | 2.50 | 765.00 | 14.00 |
| Rotterdam | 607.50 | 0.50 | 764.50 | 24.50 |
| Houston | 632.50 | 4.00 | 807.50 | 5.00 |
| Fujairah | 650.50 | 1.00 | 882.50 | 6.00 |
| Global 20 Ports Average | 665.50 | 6.50 | 870.50 | 14.50 |
| Global 4 Ports Average | 635.50 | 3.50 | 810.00 | 17.50 |
| Global Average Bunker Price | 725.00 | 2.50 | 925.50 | 8.00 |
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