World News
CMAL Marks "Significant Milestone" in LNG-Powered Newbuild Construction
Caledonian Maritime Assets Limited (CMAL) says the delivery of an 88-tonne fuel tank marked a "significant milestone" in what it says is Scotland's first liquefied natural gas (LNG)-powered newbuild.
As Ship & Bunker has reported, the vessel will be capable of operating on both LNG and MGO.
The 147 cubic metre (cbm) fuel tank was delivered to Ferguson shipyard on Friday.
"This was a highly challenging engineering process to secure the safe delivery of the first LNG tank into the yard. Our team, working with our partners and suppliers, has been involved in planning the transport and delivery logistics of this for the past two months and it's fantastic to finally see its arrival," said Andy Crossan, Projects Director at CMAL.
"The tank is hugely impressive and its arrival reminds us of the scale of the project we are delivering. The design and build of these dual fuel vessels is a highly complex technical project, the first of its kind in Scotland – and indeed the UK. It is a sign of our commitment to exploring new technologies for ferries, as well as a wider commitment to innovation in Scotland and consideration for the environmental impact of transport."
As Ship & Bunker has reported, the newbuild ferry - the first of two - is expected to enter service in the second half of 2018, followed a few months later by the second vessel.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 645.00 | 2.00 | 767.50 | 11.50 |
| Rotterdam | 600.00 | 8.00 | 751.50 | 13.00 |
| Houston | 627.50 | 9.00 | 796.00 | 11.50 |
| Fujairah | 649.50 | 0.00 | 889.00 | 0.50 |
| Global 20 Ports Average | 665.00 | 0.50 | 864.00 | 6.50 |
| Global 4 Ports Average | 630.50 | 5.00 | 801.00 | 9.00 |
| Global Average Bunker Price | 722.50 | 2.50 | 922.50 | 3.00 |
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