World News
MOL Announces Delivery of Dual-Fuel LNG Carrier
Thursday September 28, 2017
Mitsui O.S.K. Lines, Ltd. (MOL) says the dual-fuel liquefied natural gas (LNG) carrier CESI Tianjin - ordered through a joint venture between MOL, China COSCO Shipping Corporation Limited (China COSCO Shipping), and China Petroleum & Chemical Corporation (SINOPEC) - was delivered at Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong) on Tuesday.
CESI Tianjin is the forth in a series of six newbuilding LNG carriers being built at Hudong.
The first vessel in the series, CESI Gladstone, was delivered in October 2016, and the second, CESI Qingdao, was delivered in January 2017.
In June, MOL announced the delivery of CESI Beihai - the third ship in a six-vessel series.
The remaining two vessels are set for delivery by 2018.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 647.50 | 1.00 | 770.00 | 3.50 |
| Rotterdam | 601.50 | 2.50 | 754.00 | 2.00 |
| Houston | 619.00 | 11.50 | 795.50 | 3.00 |
| Fujairah | 651.50 | 1.00 | 895.00 | 2.00 |
| Global 20 Ports Average | 664.00 | 1.50 | 856.50 | 2.00 |
| Global 4 Ports Average | 630.00 | 3.00 | 803.50 | 2.50 |
| Global Average Bunker Price | 718.00 | 0.50 | 914.50 | 0.50 |
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