World News
Unitrove to Showcase Liquid Hydrogen Bunkering Technology at COP26
Engineering company Unitrove plans to present its liquid hydrogen bunkering technology at the upcoming COP26 event in Glasgow.
The firm developed the UK's first LNG bunkering facility at Teesport in 2015, and is now developing delivery systems for liquid hydrogen as a bunker fuel.
The UN COP26 event is being hosted in Glasgow in November.
"Liquid hydrogen has long been used to safely and successfully send rocks into space," Steven Lua, CEO of Unitrove, said in a statement last week.
"The technology is mature, but the markets for its use are not.
"We already see very early signs of light-duty vessels being battery-driven or powered by compressed gaseous hydrogen, but liquid hydrogen will allow us to serve the heavier portion of the shipping fleet where we hope to have a much larger impact."
The firm is also looking into systems for ammonia as a bunker fuel.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.00 | 8.50 | 779.00 | 29.50 |
| Rotterdam | 608.00 | 11.00 | 764.50 | 24.50 |
| Houston | 636.50 | 8.00 | 807.50 | 5.00 |
| Fujairah | 649.50 | 4.00 | 888.50 | 11.50 |
| Global 20 Ports Average | 665.50 | 6.50 | 870.50 | 14.50 |
| Global 4 Ports Average | 635.50 | 3.50 | 810.00 | 17.50 |
| Global Average Bunker Price | 725.00 | 2.50 | 925.50 | 8.00 |
Popular Now More
-
Apr 19The firm has chartered the 7,994 DWT barge Margherita to add to the operation, operated by Fratelli Cosulich. -
Apr 18Singapore's authorities are in the process of developing a regulatory framework for a methanol bunkering licence, and plan to call for applications for the licence by the end of this year. -
Apr 19The company is looking for candidates with proven experience in bunker trading and demonstrated leadership experience.