World News
LNG-Fuelled Ship to Take on Fuel Cells and Hydrogen
TECO 2030, Blom Maritime and Samskip are set to join forces to retrofit an LNG-fuelled ship with fuel cell and hydrogen systems.
The three companies are set to receive an ENOVA grant to retrofit the multipurpose vessel Kvitnos, TECO 2030 said in an emailed statement on Friday.
The project will seek to facilitate long-term hydrogen fuel supply contracts.
"With the delivery of our LNG propelled multipurpose vessels back in 2015, Samskip already offered one of the world's most environmentally friendly cargo ships, which eliminated SOx emissions while drastically reducing NOx and CO2 emissions," Are Grathen, regional director for Norway and Sweden at Samskip, said in the statement.
"With this grant from Enova, and in close cooperation with fuel cell provider TECO 2030, we will continue our endeavor to enable full zero emission propulsion which in turn will further pave the way for our H2-propelled new-builds coming out next year and bring us closer to our net-zero targets for 2040."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 623.00 | 7.00 | 758.00 | 7.50 |
| Rotterdam | 570.00 | 7.50 | 766.00 | 3.00 |
| Houston | 611.00 | 13.00 | 784.50 | 11.00 |
| Fujairah | 623.50 | 9.50 | 861.50 | 10.00 |
| Global 20 Ports Average | 633.50 | 6.00 | 844.00 | 0.00 |
| Global 4 Ports Average | 607.00 | 9.50 | 792.50 | 8.00 |
| Global Average Bunker Price | 672.50 | 7.00 | 899.50 | 1.00 |
Popular Now More
-
Jun 25Bunker Holding's earnings were hit by the termination of cargo activities in Africa, its parent company said. -
Jun 24While for previous editions it has taken several years for new ISO specifications to be used widely in bunker deals, a much faster turnaround is expected this time. -
Jun 24The new hire had previously worked as a bunker trader for KPI OceanConnect from June 2023 to last month.