World News
Klaveness Expects 2-3% Bunker Savings From New Propellers
Shipping company Klaveness Combination Carriers is expecting to see fuel savings of as much as 3% from new propellers on three of its ships.
The company has signed a deal with engineering firm Wartsila to install its EnergoProFin propeller on board its ships the MV Bakkedal, the MV Bangor and the MV Bantry, it said in a statement on its website on Friday. The propeller is designed to reduce drag on the vessel and could deliver about 2-3% fuel savings on each ship.
The systems will be installed during scheduled dry dockings for the ships next year.
Shipping firms are increasingly looking at modifications that can be made to their ships to increase fuel efficiency as a means of cutting carbon emissions without switching fuels. Technologies such as air lubrication systems, wind-assisted propulsion and anti-fouling systems are all seeing improving demand driven by the regulatory environment.
"KCC has previously installed the Wartsila EnergoProFin on the sister vessels MV Barcarena and MV Banastar, and feedback from these installations has been positive," the company said in the statement.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 649.50 | 2.00 | 778.50 | 8.50 |
| Rotterdam | 602.00 | 0.50 | 748.00 | 6.00 |
| Houston | 624.00 | 5.00 | 792.00 | 3.50 |
| Fujairah | 649.50 | 2.00 | 898.00 | 3.00 |
| Global 20 Ports Average | 662.00 | 2.00 | 855.00 | 1.50 |
| Global 4 Ports Average | 631.00 | 1.00 | 804.00 | 0.50 |
| Global Average Bunker Price | 717.50 | 0.50 | 913.50 | 1.00 |
Popular Now More
-
Apr 24Non-compete clauses have not always been used in a fair and reasonable way in the bunker industry, Maritime Recruitment Company Ltd's Vernon Jayanathan tells Ship & Bunker. -
Apr 25The new hire was previously a marine fuel trader for Vilma Oil in Madrid from June 2017 to last month. -
Apr 24The arrests were both on Monday.