World News
Titan Carries Out First Ship-to-Ship LNG Bunkering at Cuxhaven
Friday July 12, 2024
LNG bunker supplier Titan has carried out the first ship-to-ship delivery of LNG as a marine fuel at Cuxhaven.
The firm recently bunkered Van Oord's dredger the Vox Ariane with LNG at Cuxhaven, it said in a LinkedIn post on Thursday.
The port had previously only seen LNG bunker deliveries by truck.
"LNG infrastructure development is part of a broader trend, with more ports across Germany adopting LNG operations to support shipping's clean fuels transition," the company said in the post.
"Improved LNG bunkering capabilities in Cuxhaven, a Niedersachsen Ports GmbH & Co. KG port, also open up the pathway to maritime decarbonisation via liquified biomethane (LBM) and then renewable e-methane going forwards."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 630.50 | 6.00 | 645.50 | 0.50 |
| Rotterdam | 533.50 | 5.00 | 640.00 | 6.50 |
| Houston | 526.00 | 0.50 | 665.50 | 3.50 |
| Fujairah | 616.50 | 5.00 | 780.50 | 6.50 |
| Global 20 Ports Average | 616.00 | 0.00 | 747.50 | 7.00 |
| Global 4 Ports Average | 578.00 | 2.50 | 684.00 | 3.00 |
| Global Average Bunker Price | 661.00 | 1.50 | 830.00 | 4.50 |
Popular Now More
-
Sep 04The firm is primarily focused on bunker trading, with a side-line in products cargoes, managing partner Rakesh Sharma tells Ship & Bunker. -
Sep 05Sentek was listed as Singapore's 15th-largest bunker supplier by volume in 2023, down from 10th place the previous year. -
Sep 05Both new and existing employees now need to give from six months to one year of notice before leaving to take up new jobs elsewhere.