World News
K Line Partners With Tree Energy Solutions on Decarbonisation Using Synthetic LNG
Shipping company K Line and Tree Energy Solutions are set to work together closely on the use of synthetic LNG as a means of maritime decarbonisation.
The two companies are exploring potential collaboration opportunities in synthetic LNG production and import projects, TES said in a statement on its website on Wednesday.
The firms envisage supplying K Line and its subsidiaries' vessels with synthetic LNG from the TES green energy hub in Wilhelmshaven, Germany.
"At "K" LINE, we are deeply committed to realising our vision of a carbon-neutral future for maritime transport," Satoshi Kanamori, managing executive officer at K Line, said in the statement.
"Partnering with TES allows us to combine our strengths and resources to accelerate the adoption of e-NG, laying the groundwork for a more sustainable shipping and logistics industry."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 571.00 | 1.50 | 685.50 | 5.50 |
| Rotterdam | 516.50 | 1.50 | 677.50 | 3.50 |
| Houston | 556.00 | 6.00 | 679.00 | 1.00 |
| Fujairah | 565.00 | 4.50 | 755.00 | 1.50 |
| Global 20 Ports Average | 589.00 | 3.00 | 764.50 | 3.50 |
| Global 4 Ports Average | 552.00 | 3.00 | 699.00 | 2.50 |
| Global Average Bunker Price | 635.50 | 1.00 | 811.50 | 11.00 |
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