World News
Bureau Veritas Grants Approval to Hydrogen-Powered Vessel of LDA
Classification society Bureau Veritas has approved in principle the hydrogen-powered vessel design of Louis Dreyfus Armateurs (LDA).
LDA sees hydrogen as a key marine fuel to help in shipping decarbonisation, it said in a LinkedIn post on Wednesday.
The company first announced in March 2024 that it was working on the design of a hydrogen-powered service operation vessel in partnership with Salt Ship Design.
According to LDA, the vessel is expected to achieve zero emissions for up to 95% of its operational time.
Whether the project will proceed from the design phase to actual construction remains to be seen.
Currently, the availability of hydrogen-capable engines and related technologies is limited, and infrastructure for hydrogen bunkering is also in a nascent stage.
LDA claims the vessel can bunker in just six hours.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 495.00 | 9.00 | 600.00 | 4.50 |
| Rotterdam | 447.50 | 5.50 | 607.50 | 8.00 |
| Houston | 468.50 | 5.50 | 627.00 | 16.00 |
| Fujairah | 490.50 | 7.50 | 718.00 | 4.00 |
| Global 20 Ports Average | 523.00 | 2.00 | 704.00 | 4.00 |
| Global 4 Ports Average | 475.50 | 7.00 | 638.00 | 8.00 |
| Global Average Bunker Price | 563.50 | 0.50 | 740.00 | 7.50 |
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