World News
Maersk to Hold Naming Ceremony for Third Large Methanol-Fuelled Boxship
Thursday August 8, 2024
Container shipping and logistics firm AP Moller-Maersk is holding a naming ceremony for its third large boxship to run on methanol.
The company is holding a naming ceremony for the ship in Aarhus on Thursday, the company said in a LinkedIn post.
"This vessel is one of 18 large dual-fuel newbuilds capable of sailing on green methanol, scheduled for delivery between 2024 and 2025," the company said in the post.
Maersk has been a significant backer of methanol as a bunker fuel since announcing that all of its new ships would be capable of running on zero-carbon fuels. But on Wednesday the firm announced that some of its new ships would be running on liquefied gas instead, going back on previous skepticism towards LNG.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 579.00 | 3.50 | 622.00 | 5.50 |
| Rotterdam | 503.50 | 0.50 | 612.50 | 3.00 |
| Houston | 498.00 | 0.00 | 638.50 | 5.00 |
| Fujairah | 577.00 | 2.00 | 776.00 | 3.00 |
| Global 20 Ports Average | 589.50 | 2.00 | 730.50 | 1.00 |
| Global 4 Ports Average | 539.50 | 1.00 | 662.00 | 1.50 |
| Global Average Bunker Price | 635.00 | 1.50 | 808.00 | 0.00 |
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