World News
Shore Power Project Completed at Port of Montréal
Marc Garneau, Canada's Minister of Transport, has announced the completion of a shore power project at the Port of Montréal.
Through its Shore Power Technology for Ports initiative, the Government of Canada contributed CAN$5 million ($3.94 million) to the shore power project, while the Government of Quebec and Montréal Port Authority have also contributed to the project, for a total project cost of CAN$11 million ($8.66 million).
"The Government of Canada is committed to maintaining a safe, efficient and green transportation system. By taking action to reduce greenhouse gases and air pollution, we are improving the lives of Canadians while investing in the future of cleaner transportation," said Garneau.
"New and emerging technologies are laying the groundwork for Canada's present and future economic growth."
Montréal's shore power project is expected to help reduce greenhouse gas (GHG) emissions by approximately 2,800 tonnes per year.
Five projects have now been completed across Canada with support provided through the Shore Power Technology for Ports contribution programme, with the government also funding the installation of shore power facilities for container vessels at two terminals at the Port of Vancouver.
In May, Gaz Métro and the Montreal Port Authority announced that a liquefied natural gas (LNG) bunkering solution is also set to be made available at the Canadian port.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 645.00 | 2.00 | 767.50 | 11.50 |
| Rotterdam | 600.00 | 8.00 | 751.50 | 13.00 |
| Houston | 627.50 | 9.00 | 796.00 | 11.50 |
| Fujairah | 649.50 | 0.00 | 889.00 | 0.50 |
| Global 20 Ports Average | 665.00 | 0.50 | 864.00 | 6.50 |
| Global 4 Ports Average | 630.50 | 5.00 | 801.00 | 9.00 |
| Global Average Bunker Price | 722.50 | 2.50 | 922.50 | 3.00 |
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