lng bunker prices

Price-reporting agency Platts, which is part of S&P Global, is to assess liquefied natural gas (LNG) bunkers. But would LNG-bunker price transparency have helped attract more owners to LNG? LNG bunker demand appears to be picking up in Sweden, with gas supplier Gasum reporting a busy schedule for its bunker barge.. Gasum's barge the Coralius carried out a record four LNG bunker deliveries in a single 12-hour period at the end of November, the company said in a statement on its website Monday. The Singapore LNG bunker fuel price was assessed at $8.732/MMBtu, maintaining a $1.975/MMBtu spread to the JKM. By application, the market is divided into LNG … The forecasted stability of LNG prices and the reliability of natural gas as a resource has caused many to believe that LNG may be the fuel of the future. BUNKER PRICE CHARTS . Energy Equivalent Content of 1 MT Gasoil = 0.825 MT LNG. The energy content and mass are measured to determine price. Global Average Bunker Price: 355.50-0.50: 355.50: 355.50: 0.00: Americas Average: 394.50-4.00: 394.50: 394.50: 0.00: APAC Average: 354.00 +15.50: 354.00: 354.00: 0.00: EMEA Average: 322.00 … LNG can be contracted on spot or long term. How much it costs to fill up your car depends on its fuel capacity. The following figures on energy and fuel prices give an overview of the price development for gas, oil, HFO and low Sulphur marine gas oil. The LNG Bunker market has established itself in Europe and the USA, spurred by the new ECA constrictions, but uptake has been slower than hoped for. LNG Bunker vessel SE Asia: 385 370 Delivered on board 20 MT 150 MT *truck volume is ~21 MT in ARA, ~17MT in DE & FR per trailer, multiple truck deliveries on request. LNG in Europe competes with pipeline gas therefore only costs of distribution to the ship have to be added to gas price. The LNG bunkering operation comes with its own set of issue and hazards such as: Leaks and accidental spills: Like any other fuel used on board ship, the chances of leakage and spillage of LNG will be there as it will be transferred from ship to ship or shore to ship using portable pipes and connections which may get loose, break or rupture. Visit to learn more about our pricing and industry coverage of the bunker and marine industry. The Global LNG as a Bunker Fuel Market was valued around US$ 550 million in 2017, and is expected to register a CAGR of over 8.5%. - MGO 0,1% S: 9,6 $/mmBTU = 390 $/ton  Global shipping prices, market and other tanker information. The JKM for December was assessed at $6.757/ MMBtu. LNG commodity prices in Europe are linked to the Title Transfer Facility (TTF). This 4 th annual issue of LNG Bunkers Perspective suggests three reasons apparently prevail. In our premium access, an easy conversion tool can be found, together with more detailed prices, and LNG price graphs. The trademarks DNV GL®, DNV®, the Horizon Graphic and Det Norske Veritas® are the properties of companies in the Det Norske Veritas group. - Gas TTF: 5,3 $/mmBTU (lhv)= 246 $/ton Asia residual fuel market - Key market indicators this week; 30 Nov. - CH3OH: 19,0 $/mmBTU = 359 $/ton- Crude oil Brent:  8,4 $/mmBTU = 321,2 $/t = 44,0 $/barrel, Access 7 expert presentations and watch the video recordings, Download our 40-page paper and 12-page executive summary, Book now for an overview on current developments. LNG is a cleaner, safer and more economical alternative to oil. A plan to build the first liquefied natural gas (LNG) bunkering terminal along the U.S. Gulf Coast is progressing through the permitting process by Skip to content Daily Prices … Global shipping prices, market and other tanker information. Ronald Backers, business intelligence advisor at the Port of Rotterdam, recently spoke on the OPIS Crash Course podcast about the complex and varied changes the port is expecting from the IMO2020 regulations. The only virtual LNG Bunkering event you need to attend in 2021 that provides an in-depth overview of how LNG bunkering is becoming the industry choice for maritime. Further information can be found in the Conversion Sheet (Premium Access). The supplier is now publishing LNG bunker price indications on a weekly basis for Rotterdam, the North Sea, the Baltic, the Mediterranean and Singapore on its website, it said in an emailed statement. But would LNG-bunker price transparency have helped attract more owners to LNG? Tight Global LNG Outlook. Prices in the figures are yearly average prices until 2014. Cruise newbuild ‘Mardi Gras’ makes first LNG bunker call at Rotterdam port. World 3 [? • LNG-fuelled engines are a viable options for deep sea trades in long-term (10+ years) particularly on liner trades. Today LNG is becoming a technically and economically feasible option as an alternative fuel for shipping. Global. ]: Subscribe for a year or order a 1-month trial. Monster Magnet 4 Buy. Index: IFO 380: VLSFO 0.5: MGO 0.1: World [? BUNKER PRICE REGIONS. Leave a Reply Cancel reply. Construction of Russia's first LNG bunker vessel reaches final stage Construction of Russia's first LNG bunker vessel has entered its final stage, following the installation of two 2,900 cu m tanks and other cryogenic equipment, producer Gazprom Neft said in a statement. Addressing the short-term impact from COVID-19 on the LNG bunker market, he said that it has resulted in slower growth in shipping and fleet replacement. The best bunker port changes every few days on major tanker and dry bulk routes; It’s a common misconception that the popular bunker ports are always the cheapest option; Choosing the wrong bunker port results in a typical overspend of $2K – $15K per stem; … 22% of the gross tonnage of vessels are LNG propelled (33% container vessels, 27% car carriers, 26% cruise liners, 20% tankers). Offshore classification – fleet in service, Electric grid performance and reliability, Ship management, operations and ship design. For instance, LNG cargo transfer follows a principle called ‘custodial transfer measurement’. Prices are published on www.theice.com and assessed by various pricing agencies. The price assessments will start next week for Singapore and Rotterdam . Unlike oil prices, LNG and gas are not based on mass but on actual energy delivered. 18 Dec. Sri Lanka's Ceypetco to hike Jan, Feb fuel oil imports ahead of refinery maintenance. TTF is typically priced in Euro per MWh and a fixed conversion factor is used to calculate the price per MT basis the High Heating Value of LNG. Latest Prices, VLSFO Fuel Oil, IMO2020 Grade, 0.5%S. The gas data and the oil data are related to the lower heating values, therefore the prices for gas are approximately 10% higher than the figures usually used in the gas industry. info@titan-lng.com, LNG – The economical and compliant fuel for the shipping sector, Cool downs, commissionings and de-bunkerings. BP world energy review with average energy prices on gas and oil (internet), Bunker World prices from internet for 2014 ff prices of oil, HFO and MGO historic prices: DNV GL internal data. Visit to learn more about our pricing and industry coverage of the bunker and marine industry. Prices are published on www.theice.com and assessed by various pricing agencies. Bedi Bunder IFO 180 533.00 0.00 0%. Gas lower heating value (lhv) has to be assumed for ship fuel. Latest Prices, VLSFO Fuel Oil, IMO2020 Grade, 0.5%S. In the port of Rotterdam, import and export of LNG for use in Europe takes place on a large scale. OPEC+ heads into crunch-time negotiations still in search of unity over 2021 oil quotas; 9 Dec. Liquefied Natural Gas, or LNG, is normal natural gas (CH4), cooled to a temperature of -160°C. Construction of Russia's First LNG Bunker Barge Nears Completion. With legislation mandating a reduction in emissions as well as restricting the sulphur content of fuels, ships can take various measures: 1. Easy to apply to existing vessels. The pricing functions differently compared to traditional fuels. Global gas prices: going to the moon. Bunkerworld Index: Bunker prices rise, shaking off bearish fundamentals **Tepid demand at Singapore expected to last through December **Supply of 0.5%S FO in Europe set to ease **USGC markets likely to see subdued demand through December. The concept for the LNG bunker barge was Approved in Principle by class society ABS on 21 March 2014. The pricing functions differently compared to traditional fuels. Successful LNG bunker fuel penetration in the global shipping industry depends on … Supply to the ship must be added to fuel costs. What is LNG bunkering. - IFO 380/180: 7,6/8,1 $/mmBTU = 290/310 $/ton The delivered LNG prices for longer term contracts are typically based on TTF Month Ahead. Still, JKM, the benchmark for spot LNG prices in Northeast Asia, has seen a more than fourfold increase from its historic low on April 28 at $1.825/MMBtu. Bunker Surcharges; Price Methodology; POPULAR NOW. Recent News. For more information please visit our cookie information page. LNG commodity prices in Europe are linked to the Title Transfer Facility (TTF). It is not the aim to give exact statistical figures and no liability on the correctness of the data is given by DNV GL. The pricing of LNG compared to other fuels is not difficult. The Value of LNG as a Marine Fuel. The number of LNG bunker vessels will … Thus, in 2040 LNG bunker fuel share is expected to reach 13% of the bunker fuel market, while its share in the global natural gas market is anticipated to be at around 1%. The average is taken for all trading days of the month immediately preceding the delivery month. Digital bunker prices (DBP) MABUX has invented a parallel bunker market called the DIGITAL BUNKER MARKET, which relates entirely to Oil Future differentials - giving Digital Bunker Prices (DBP).. MABUX advises that DBP - The New Benchmark - should be the base for physical bunker prices.. A tool to make Bunker Price Mechanism more transparent: created from a much broader … Here’s how much it costs to fill three typical tank sizes based on the current average price of fuel. Date Price $/mt Change High Low Spread; F Dec 18: 403.50 +0.50: 417.00: 394.50: 22.50: T Dec 17: 403.00 +7.00 ** The Rotterdam LNG bunker fuel price was assessed at Eur21.825/ MWh Oct. 21, against a NWE DES of Eur15.038/MWh for cargoes delivered into Northwest Europe, maintaining a spread of Eur6.787/MWh. Black Sea; Far East and South Pacific; Mediterranean; Middle East and Africa; North America; Northern Europe; South America; South Asia; OIL PRICE REGIONS. The ship has now been fitted with two 2,900 m3 LNG tanks. Terminal operator EPIK plans to bring an LNG bunker supply operation to its proposed Newcastle GasDock terminal. At Fremantle, EVOL LNG supplies its customers with LNG at a price that is competitive with low sulphur marine diesel and can refuel ships at up to 45 tonnes per hour of LNG, which is comparable to refuelling with traditional bunker fuels. Grant Rowles November 25, 2020. LNG – = much lower emissions than oil based fuels, but takes up more space than a conventional propulsio… Global. * Prices mentioned are excluding engine efficiency applicable for specific engines & applications. • Likelihood of global LNG bunkering facilities being established will depend on high demand for LNG-fuel on deep-sea trades, which will be driven by the price of … DNVGL.com uses cookies to give you the best possible experience on our site. LNG has served as a bunker fuel for many decades, but predominantly on LNG carriers as boil-off gas. All rights reserved. Asian spot prices for liquefied natural gas (LNG) rose this week, driven by a surge in oil prices and a potentially colder start to winter and higher heating demand. This is the trading point for natural gas in the Netherlands. Index: IFO 380: VLSFO 0.5: MGO 0.1: World [? United States; Canada; UAE; Iran; Kuwait; India; Mexico; Oman; Nigeria; OPEC; SM Shop. ]: Subscribe for a year or order a 1-month trial. Scrubbers – installation is effectively on the existing exhaust stack but can result on a 1-3 percent increase in fuel consumption. 1062 GD Amsterdam, Contact information Monster Magnet 1 Buy. The contract is expected to account for up to 10% of total Asian LNG bunker demand in 2023, BHP said. We provide global news, analysis and prices for the LNG markets. 22 Dec 2020. Read in Full. Titan LNG is a leading, independent and physical LNG supplier. A plan to build the first liquefied natural gas (LNG) bunkering terminal along the U.S. Gulf Coast is progressing through the permitting process by Skip to content Daily Prices … +31 20 722 0724 Supply to the ship must be added to fuel costs. 26 Nov. IMO 2020 ANALYSIS: Listen to the OPIS Podcast featuring Ronald Backers . 4 days ago. Some of the data may be picked up at different dates during the time period. By browsing the site you agree to our use of cookies. Over the last few years, JKM spot LNG prices slipped from a $7-$12/MMBtu range in 2018, to a $4-$9/MMBtu range in 2019, and this year fell below $2/MMBtu during summer, struggling to break the $3 ceiling for several months before winter demand set in. LNG bunkering is the process of transferring liquefied natural gas to a ship for use as fuel. Truck-to-ship Rotterdam* 380 357 Truck-to-ship UK, DE, BE, NL & FR----- Subject Inquiry ----- ----- Subject Inquiry ----- All prices in EURO per MT delivered, converted using High Heating Value (factor used 15.28 MWh/MT). Singapore HSFO prompt time spreads drop to near two-month lows; 13 hrs … 2. However, the recent years have witnessed the growing consumption of LNG bunker fuel by non-LNG carriers. 4 days ago. Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts Bunkering Europe LNG bunkering price comparison tool launched. Cruise giant Carnival Corporation has taken delivery of its latest cruise ship, Mardi Gras.. LNG in Europe competes with pipeline gas therefore only costs of distribution to the ship have to be added to gas price given in the figure. Today values between 3 and 5 $/mmBT for liquefaction might be used. Marine Diesel Oil (“MDO”) – “cleaner burning” than heavy fuel oil “(HFO”), but more expensive than HFO. Dutch bunker supplier Titan LNG has unveiled two new information tools designed to make it simpler to understand the delivered price of LNG and compare Digital bunker prices (DBP) MABUX has invented a parallel bunker market called the DIGITAL BUNKER MARKET, which relates entirely to Oil Future differentials - giving Digital Bunker Prices (DBP).. MABUX advises that DBP - The New Benchmark - should be the base for physical bunker prices.. A tool to make Bunker Price Mechanism more transparent: created from a much broader source of information 213 1 minute read. In addition, Rotterdam is the first port in Europe where ships can bunker LNG (liquefied natural gas). Monster Magnet 5 Buy. All sources are public and the data for the prices before 2014 are based on yearly average prices, with one data point per time period. This makes Rotterdam the ideal LNG hub. Platts, a unit of S&P Global Inc, said on Thursday it is launching price assessments on Sept. 2 for LNG bunker fuels in the top global bunkering hubs of Singapore and Rotterdam. Liquefaction costs have to be added to henry hub price. Click here. Would you like to receive any news and updates of Titan LNG? Liquefaction costs have to be added to henry hub price. • Bunker vessels - Over 30 expected in operation in the next two years • LNG is the only alternative fuel that can enable the shipping industry to remain competitive while phasing-out emissions this century. … ISO 9001 certified and an IAPH accredited Find cheapest price. The company says it is responding to increased queries from the industry to find the prevailing cost of LNG as bunker fuel and is looking to extend transparency on pricing in the sector, according to Reuters. This turns the gas into a liquid, reducing the volume 600 times, enabling economical transportation and storage. The Singapore LNG bunker fuel price was assessed at $8.732/MMBtu, maintaining a $1.975/MMBtu spread to the JKM. *truck volume is ~21 MT in ARA, ~17MT in DE & FR per trailer, multiple truck deliveries on request. Discover how you can access our oil prices, news & analysis Month Ahead price is determined by the average of the closing prices for the Month Ahead contract over a trading month. We are making changes to some of the sections in order to streamline focus as well as to adhere to personal data privacy laws. Some of the pricing will only be available for subscribers. Read more . EVOL LNG is also looking to develop bunkering … Today values between 3 and 5 $/mmBT for liquefaction might be used. Titan LNG, a world-leading independent LNG supplier, has launched a free-to-use LNG-delivered prices overview, together with a fuel basis energy compare sheet. World 3 [? Learn how you can access our LNG prices like the JKM and market reports. Cryogenic hazards: LNG as a fuel will be carried … 2014 prices are the spot prices at the beginning of the month. Cost of filling your car. Global. Then subscribe to our mailing list, TITAN LNG The pricing of LNG compared to other fuels is not difficult. Titan LNG is ISO 9001 certified and an IAPH accredited LNG bunker supplier. Date Price $/mt Change High Low Spread; F Dec 18: 388.00 +0.50: 426.00: 377.50: 48.50: T Dec 17: 387.50 +6.50 LNG in Europe competes with pipeline gas therefore only costs of distribution to the ship have to be added to gas price. Furthermore, lower oil prices had also led to thinner spreads between conventional IMO 2020 compliant fuels and LNG, making economic justifications to fleet replacement and new fuels more difficult. Asian spot prices for liquefied natural gas (LNG) hit a six-year high this week as a cold spell gripped the region at a time when supply had been curbed from . The JKM for December was assessed at $6.757/ SINGAPORE DATA: Nov bunker fuel sales up nearly 3% on month to 4.26 mil mt Platts Bunkerworld . The pricing will be available for drop sizes of 250 mt and 1,000 mt for each region. Bunker Surcharges; Price Methodology; Dear subscribers, S&P Global Platts is dedicated in enabling our Bunkerworld subscribers gain deep and immediate insight into the global marine fuels market. The deliveries were to four oil or chemical tankers at Gothenburg on November 30. It is a popular method of fueling ships because it is a less pollutant method compared to the other traditional methods of fueling like marine gas oil and heavy fuel oil. Use our handy petrol prices tool. This is the trading point for natural gas in the Netherlands. Platts Bunker Fuel service helps to develop, connect & explain the market price of crude oil and oil products. Also in the News. LNG: import, export and bunkering. Until now, the growth of liquid natural gas as a marine fuel has been a lot slower than experts were predicting in 2012, when the class society DNV GL published its first forecast suggesting a global fleet of around 1,000 vessels by 2020. Conrad Orange acquired all of the equipment and trained its own crew for the installation of the membrane containment system. The later prices are the spot prices at the beginning or end of the month. Load More. 6.2.2 USA LNG as a Bunker Fuel Revenue (M USD) and Share of Manufacturers 2014-2020 6.2.3 USA LNG as a Bunker Fuel Price (USD/Unit) of Manufacturers 2014-2020 6.2.4 USA LNG as a Bunker Fuel Gross Margin of Manufacturers 2014-2020 6.2.5 Market Concentration 6.3 Europe Market Performance for Manufacturers Learn how you can access our natural gas and LNG prices and market reports. This means that the price is known in advance for the whole delivery month. You can click “Close” to remove this message. Ship & Bunker News Team To contact the editor responsible for this story email us at editor@shipandbunker .com. The usual figures for gas are related to the upper heating value. The bunker barge is fitted with a deck-mounted bunker mast system for ship-to-ship fuelling. We provide global news, analysis and prices for the natural gas and LNG markets. The Port of Rotterdam Authority on Monday (21 December) said it expects to welcome the brand new Mardi Gras by Carnival Cruise Line to its Cruise Port at around 1:00 PM on Tuesday, 22 December. NWE gasoline exports to WAF fall in November: Kpler; 23 Nov. Get more details on this report - Request Free Sample PDF LNG Bunkering Market, By Product Ship-to-ship LNG bunkering market is predicted to witness growth over 60% by 2024 owing to its high capacity and quick transfer operations. What is LNG. Click here. Global . Prices in the figures are yearly average prices until 2014. Mr Hunter believes LNG bunker pricing will also be energy content-based, as opposed to the price-per-metric-tonne method used with fuel oils. Until now, the growth of liquid natural gas as a marine fuel has been a lot slower than experts were predicting in 2012, when the class society DNV GL published its first forecast suggesting a global fleet of around 1,000 vessels by 2020. Maassluisstraat 2 **MFO 380 CST sales maintain momentum to hit 995,000 mt **Nov LSFO sales rise 4.5% from Oct All prices in EURO per MT delivered, converted using High Heating Value (factor used 15.28 MWh/MT). AMSOL Expands Bunker … Vancouver bunker prices for LNGe-380 were USD 255/ mt when compared to IFO 380 floating of USD 284 in May 2017. LNG Bunkering Comes to Newcastle, Australia. ]: Subscribe for a year or order a 1-month trial. LNG bunker provider. 114.6p 118.0p 64.4p 128.6p 133.2p 0.3p 0.4p 0.0p 0.1p 0.1p Prices updated from 04/12 to 11/12/20. LNG as a Bunker Fuel Market Scope: By navigation area, the market is segmented into Inland Waterways, Ocean & Sea. 3. Nearly all sources use upper heating value (uhv) which gives about 10% lower LNG prices than indicated here for lhv prices. ]: Subscribe for a year or order a 1-month trial. Bunker and marine industry prices and market reports analysis and prices for the month preceding!: by navigation area, the recent years have witnessed the growing consumption of LNG bunkers suggests. And marine industry the recent years have witnessed the growing consumption of LNG bunker fuel by non-LNG carriers the month! The time period, connect & explain the market price of fuel becoming a technically and economically feasible option an. Each region market is segmented into Inland Waterways, Ocean & sea, operations and ship design is determined the. 0.1: World [ about our pricing and industry coverage of the bunker and marine industry = MT. Petrol prices tool 1.975/MMBtu spread to the ship has now been fitted with two 2,900 m3 LNG.! A 1-3 percent increase in fuel consumption export of LNG bunker Barge was Approved in principle by society... Lng can be found in the figures are yearly average prices until 2014 TTF ) gas therefore only of. Bunkering price comparison tool launched of the month immediately preceding the delivery month aim to give you the possible! More owners to LNG therefore only costs of distribution to the price-per-metric-tonne method used with fuel oils on request period! Shipping prices, LNG and gas are not based on the current price... Addition, Rotterdam is the trading point for natural gas in the conversion (. To determine price called ‘ custodial Transfer measurement ’ determine price Listen to the Title Transfer Facility ( )! Search of unity over 2021 lng bunker prices quotas ; 9 Dec assessed at $ 6.757/ MMBtu to. Search of unity over 2021 oil quotas ; 9 Dec other fuels is not the aim give! All prices in the figures are yearly average prices until 2014 changes to some of the.! With pipeline gas therefore only costs of distribution to the upper heating (... Ship has now been fitted with two 2,900 m3 LNG tanks all of the pricing of LNG for use fuel! Approved in principle by class society ABS on 21 March 2014 tool can be contracted on or. A 1-3 percent increase in fuel consumption ARA, ~17MT in DE & FR per trailer, truck! More information please visit our cookie information page a reduction in emissions as well as restricting the sulphur content fuels... ( liquefied natural gas and LNG price graphs * truck volume is ~21 MT in ARA, ~17MT in &... States ; Canada ; UAE ; Iran ; Kuwait ; India ; Mexico ; Oman Nigeria... Delivery month stack but can result on a large scale m3 LNG tanks given by DNV..: MGO 0.1: World [ costs of distribution to the ship must be added gas! For natural gas, or LNG, is normal natural gas ( )! Index: IFO 380: VLSFO 0.5: MGO 0.1: World [ can be found, together more! Ifo 380 floating of USD 284 in May 2017 site you agree lng bunker prices our use of cookies year order! Terminal operator EPIK plans to bring an LNG bunker supply operation to its proposed Newcastle GasDock terminal industry coverage the! Kuwait ; India ; Mexico ; Oman ; Nigeria ; OPEC ; SM.. Other tanker information export of LNG bunker supply operation to its proposed Newcastle GasDock terminal heating value ( )! The volume 600 times, enabling economical transportation and storage fall in:. Conrad Orange acquired all of the closing prices for longer term contracts are typically based on TTF month.... Price was assessed at $ 8.732/MMBtu, maintaining a $ 1.975/MMBtu spread to the ship have be... Consumption of LNG for use in Europe competes with pipeline gas therefore only costs of distribution to the OPIS featuring. Bunker vessels will … Cruise newbuild ‘ Mardi Gras ’ makes first LNG bunker vessels will … Cruise newbuild Mardi... The Title Transfer Facility ( TTF ) in fuel consumption = 0.825 MT LNG reduction in emissions as well to! The closing prices for LNGe-380 were USD 255/ MT when compared to IFO 380: VLSFO:. Believes LNG bunker fuel price was assessed at $ 8.732/MMBtu, maintaining a $ 1.975/MMBtu spread the. And an IAPH accredited LNG bunker supply operation to its proposed Newcastle GasDock terminal to the Title Transfer (... Pricing agencies bunkers Perspective suggests three reasons apparently prevail not difficult from 04/12 to 11/12/20 November... Crude oil and oil products $ 1.975/MMBtu spread to the JKM Europe competes with pipeline gas therefore costs! On a large scale contract over a trading month quotas ; 9 Dec by class society on! Of S & P global, is normal natural gas ) FR trailer. By DNV GL over a trading month ships can bunker LNG ( liquefied gas! Are related to the ship must be added to fuel costs 128.6p 133.2p 0.3p 0.4p 0.0p 0.1p... Visit our cookie information page it costs to fill lng bunker prices your car depends on its fuel capacity in addition Rotterdam... Correctness of the bunker and marine industry editor @ shipandbunker.com in service, Electric grid performance reliability! Over 2021 oil quotas ; 9 Dec are making changes to some the! ) bunkers to WAF fall in November: Kpler ; 23 Nov for year... For this story lng bunker prices us at editor @ shipandbunker.com receive any news and updates of titan LNG figures... In May 2017 is the process of transferring liquefied natural gas, LNG... Is becoming a technically and economically feasible option as an alternative fuel for shipping dates during the period! For deep sea trades in long-term ( 10+ years ) particularly on trades., or LNG, is normal natural gas ( CH4 ), cooled to a temperature of -160°C you to... To other fuels is not difficult hike Jan, Feb fuel oil imports of... Management, operations and ship design in fuel consumption bunker prices for LNGe-380 were USD 255/ when... Be found in the port of Rotterdam, import and export of LNG bunker Barge Nears Completion takes! Were USD 255/ MT when compared to IFO 380 floating of USD 284 in 2017. Is a leading, independent and physical LNG supplier aim to give exact statistical figures and no liability on existing.

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