World News
Bar Technologies to Deliver Union Maritime's First Wind-Assisted Tanker
UK-based maritime tech firm Bar Technologies has announced the upcoming delivery of Union Maritime's first tanker equipped with its WindWings wind propulsion system.
The vessel, Brands Hatch, is fitted with three 37.5 m WindWings and is expected to cut bunker fuel consumption by about 1,200 mt/year, Bar Technologies said in an emailed statement on Wednesday.
Union Maritime is investing in wind propulsion to improve fleet efficiency and plans to operate the world's largest fleet of wind-assisted vessels. Its strategy includes the delivery of 34 such ships, with at least 14 set to be equipped with WindWings.
Apart from this, Bar Technologies is expanding its wind propulsion footprint through new projects.
The company recently launched the WindWings Hub, a digital platform to support data-driven, wind-assisted shipping. It has also teamed up with Brevik Engineering to develop a wind-assisted LCO2 carrier design.
These announcements were made at its official press conference at Nor-Shipping.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 520.00 | 2.00 | 664.00 | 3.50 |
| Rotterdam | 490.50 | 6.50 | 679.00 | 5.50 |
| Houston | 480.00 | 0.50 | 682.50 | 3.50 |
| Fujairah | 513.50 | 1.50 | 725.00 | 1.50 |
| Global 20 Ports Average | 556.00 | 1.50 | 755.00 | 6.50 |
| Global 4 Ports Average | 501.00 | 2.50 | 687.50 | 0.50 |
| Global Average Bunker Price | 591.00 | 4.50 | 796.50 | 7.00 |
Popular Now More
-
Jun 26Mikkel Kannegaard has joined Bunker Holding as head of its newly established global supply organisation as of this month. -
Jun 24The firm's pre-tax profit from continuing operations was down by 63.8% from 2023/24 in what it characterises as 'a very demanding year'. -
Jun 20HRH Prince Abdulaziz Al Saud bin Turki has launched a new marine fuel trading firm, Eleven Energy, with offices in Saudi Arabia and Rotterdam, a company representative tells Ship & Bunker