Click here. resulted in a significant spread between LNG bunker price assessments in Singapore and Rotterdam, with the latter port ... Rotterdam $220 /mt* *December 2019 average prices Around 50 commercial non-LNG vessels of over 10,000 deadweight mt, including tankers, containerships This represents an important step when it comes to the trade, transport and bunkering of small-scale LNG in Northwest Europe.LNG Bunkering Services has commissioned the building of the first LNG bunker tanker, the “LNG Prime”. The site displays up to date indicative pricing on a weekly basis in key LNG fueling locations Rotterdam, ... and sea-going bunker vessels. IFO380. Prices in the figures are yearly average prices until 2014. Titan LNG Launches LNG Bunker Pricing Tool, Ship & Bunker, SeaCred Pick Top 10 Bunker Companies for 2021, Scorpio Exits Dry Bulk, Puts Remaining Bulker Fleet Up For Sale, Fratelli Drops Chemoil Name from its Monaco Bunker Trading Unit. Wartsila, CBO agree to work on fuel-saving project. The pricing will be available for drop sizes of 250 mt and 1,000 mt for each region. To contact the editor responsible for this story email us at editor@shipandbunker.com. The ship was christened there by Manoelle Lepourtre of Total. 06MAR2018 ... 20FEB2018 - NEWS - Rise in LNG Bunkering noticed at the Port of Rotterdam during 2017. Unlike oil prices, LNG and gas are not based on mass but on actual energy delivered. Month Ahead price is determined by the average of the closing prices for the Month Ahead contract over a trading month. ** 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 … ", Ship & Bunker News Team However, it will take some time for these behemoths to arrive in Europe. A total of nine LNG bunker barges now operate at the Port of Rotterdam, the port authority said Thursday.. Of those nine ships, three of them operate at Rotterdam on a permanent basis, the Port of Rotterdam said in a statement on its website. Million dollar grant awarded to Norwegian consortium. Largest LNG bunker ship in the world arrives in Rotterdam. In Rotterdam, the vessel will be supplying the fuel to CMA CGM’s ultra large LNG-powered containerships but also other vessels in the Northern Europe area. SINGAPORE DATA: Nov bunker fuel sales up nearly 3% on month to 4.26 mil mt Platts Bunkerworld . This represents an important step when it comes to the trade, transport and bunkering of small-scale LNG in Northwest Europe.LNG Bunkering Services has commissioned the building of the first LNG bunker tanker, the “LNG Prime”. IFO180. 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. Published on 21-09-2020 at 10:13. London — The largest ever LNG bunker operation was completed on Nov. 13 at the Port of Rotterdam for the CMA CGM Jacques Saade, with Total's LNG bunker vessel the Gas Agility supplying the fuel, the French energy major said Nov. 16. Maud Eijgendaal, business manager LNG at the port, said Wednesday that LNG bunker sales could rise to roughly 25,000 tonnes, up from 9,500 tonnes last year. ** 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. 315,00 EUR. Commodities information and pricing provider S&P Global Platts on Monday (2 September) will start providing daily price assessments for liquefied natural gas (LNG) as a bunker fuel at the Singapore and Rotterdam markets. Every year, some 11 million m3 of bunker fuel is supplied to vessels in Rotterdam. LNG bunkering volumes at Rotterdam rose to 93,713m³ in the first half of 2020, up from 26,146m³ moved over the same period last year, port data shows. Bunker Prices. Lines, Ltd. (MOL), and is chartered by Total’s affiliate Total Marine Fuels Global Solutions (TMFGS). The company Count, recently launched by Peter Goedvolk, is to become affiliated with LNG Bunkering Services. The world’s largest LNG bunker vessel, Gas Agility, has been officially named at a ceremony held on Friday in Rotterdam. Sales of LNG as a marine fuel in 2020 Q2 totalled 58,522 m3, a 66% increase over Q1 sales of 35,190 m3 that were also the previous record for highest quarterly sales. Delivered on board 250 MT 1000 MT *Amsterdam, Rotterdam and Antwerp. World 3 [? Some of the pricing will only be available for subscribers. 02MAR2018 - NEWS - Bunker price of LSMGO at Rotterdam down to a level $557.50 with last week average price $549.50. resulted in a significant spread between LNG bunker price assessments in Singapore and Rotterdam, with the latter port ... Rotterdam $220 /mt* *December 2019 average prices Around 50 commercial non-LNG vessels of over 10,000 deadweight mt, including tankers, containerships Titan LNG has designed and developed the first LNG bunkering barge in Northwest Europe for the ARA (Amsterdam – Rotterdam – Antwerp) region: the Titan LNG FlexFueler. Titan LNG Weekly Prices. Latest Rotterdam bunker prices, analysis, trends, and history. "One of the biggest hurdles we face in the progress towards a low emissions future is the lack of transparency and understanding of LNG, which already contributes to reducing carbon and eliminates local harmful emissions," Régine Portocarero, business development manager for Titan, said in the statement. Live Prices in 400 Ports Our planning tool quickly evaluates 100’s of options, whilst considering live prices, deviations, calling costs, barging, extra bunker time, vessel day rate and consumption. LNG in Europe competes with pipeline gas therefore only costs of distribution to the ship have to be added to gas price. Gas supplier Titan LNG has developed a tool to allow the shipping industry to compare LNG prices to conventional bunker fuels, the company said Tuesday. Sales in 2019 as a whole, the previous best annual sales total, were 71,555 m3. **Biomethane involved to reduce carbon footprint **Nine LNG bunker vessels now operating in Rotterdam area SUBSCRIPTION REQUIRED To read this news article you need a subscription to Bunkerworld which includes the News Module . In Rotterdam, CMA CGM is carrying out the first LNG bunkering of the CMA CGM TENERE, the first of six 15,000-TEU, LNG-powered container ships chartered by the The Port of Rotterdam has posted its best ever quarterly LNG bunker sales figures, and in the process made 2020 its best ever year for LNG bunker sales. Rotterdam MGO Price Today USD/MT, Live & Historical Price Charts Terntank’s LNG-powered 15,000 DWT chemical tanker Ternsund will be the first vessel to bunker the chilled fuel in the Port of Rotterdam and to receive a discount on gross seaport dues as part of the port’s new incentive programme.. 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. Commodity player denies involvement following civil lawsuit lodged in Brazil. CEO Timothy Cosulich says move was "in response to the growth of our activities in the bunker trading sector. A total of nine LNG bunker vessels operate in Rotterdam’s port area, of which three can be found working there on a permanent basis. The company Count, recently launched by Peter Goedvolk, is to become affiliated with LNG Bunkering Services. The world’s largest LNG bunker vessel has been officially named at a ceremony held in Rotterdam, on 18 September. Some of the pricing will only be available for subscribers. The 18,600-m³ GTT Mark III Flex membrane vessel is owned by Emerald Green Maritime Limited, a wholly-owned subsidiary of Mitsui O.S.K. Premium Zone. Rotterdam Crushes LNG Bunker Sales Records, launch of the world's first LNG-powered ultra large containership, Ship & Bunker, SeaCred Pick Top 10 Bunker Companies for 2021, Scorpio Exits Dry Bulk, Puts Remaining Bulker Fleet Up For Sale, Fratelli Drops Chemoil Name from its Monaco Bunker Trading Unit, Trafigura Execs Cited in Petrobras Graft Allegations, Monjasa Swaps Floating Storage, Gives Details of IMO 2020 Impact on WAF Bunker Demand. Delivered on board 250 MT 1000 MT *Amsterdam, Rotterdam and Antwerp. Barge ARA* Region: 341 334 LNG bunker vessel ARA region: 357 338 LNG bunker vessel North Sea Range: 402 380 LNG Bunker … CEO Timothy Cosulich says move was "in response to the growth of our activities in the bunker trading sector. Meanwhile, the IEA says the European lockdowns wlll do less economic damage than the last. Similar to conventional bunkering, the terminal is the place where the bunker activities will take place although there are excellent additional possibilities at the buoys & dolphins and in the future maybe also at anchorage as Maud Eijgendaal, business manager LNG at the Port of Rotterdam explains. LNG is a cleaner, safer and more economical alternative to oil. The LNG London, owned by LNG Shipping – a cooperation between Victrol and Sogestran, conduced the operation with the Containerships Polar and Containerships Nord vessels. After regasification at the Gate terminal in Rotterdam, the gas is transported through pipelines to the Dutch and European gas network. 23MAR2018 - NEWS - … 2014 prices are the spot prices at the beginning of the month. In a statement posted yesterday, the Port of Rotterdam said the cruise ship set out from the Meyer Turku shipyard in Finland and is scheduled to arrive in … 2019 was a relatively safe year for shipping in the port of Rotterdam. Heerema's Sleipnir, the world's most powerful semi-submersible crane vessel yesterday, received the largest LNG bunkering ever completed. This turns the gas into a liquid, reducing the volume 600 times, enabling economical transportation and storage. The innovative LNG bunker barge navigates to LNG powered seagoing vessels to safely supply LNG while they load or … Image Credit: CMA CGM. MGO. Liquefied natural gas in the port of Rotterdam. And have released the latest version of their Top 10 Bunker Companies report updated for 2021. And have released the latest version of their Top 10 Bunker Companies report updated for 2021. Latest Update: December 16, 2020. LNG bunkering volumes at Rotterdam rose to 93,713m³ in the first half of 2020, up from 26,146m³ moved over the same period last year, port data shows. Singapore 403.50 0.50 Rotterdam 388.00 0.50 Houston 386.00 0.50 Fujairah 408.00 0.00 LA / Long Beach 433.00 1.50 Hong Kong 400.00 0.50 New York … In addition, Rotterdam is the first port in Europe where ships can bunker LNG (liquefied natural gas). Rotterdam Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts Sales of LNG as a marine fuel in 2020 Q2 totalled 58,522 m3, a 66% increase over Q1 sales of 35,190 m3 that were also the previous record for highest quarterly sales.. Titan conducts first LNG bunkering on bulk carrier in Rotterdam **Titan LNG delivers LNG to the dry bulk carrier M/S Haaga **LNG used to refuel a … "It is clear that LNG offers a clear pathway to decarbonisation through Bio-LNG and eventually using green hydrogen converted into E-fuels. Fuelling the future with LNG. President elect Joe Biden transition was also said to boost prices. rotterdam bunker price. 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.. Mardi Gras is Carnival Cruise Line’s largest cruise ship and the first to be powered by liquefied natural gas (LNG).. Having set out from Meyer Turku, Finland – the shipyard where it was … S&P Global Platts provides independent energy news and benchmark prices for commodity markets around the world, helping you to act with conviction. The performance means Rotterdam has achieved its best ever year for LNG bunker sales in just six months, with H1 sales of 93,712 m3. Following the recent launch of the world's first LNG-powered ultra large containership, CMA CGM Jacques Saadé, and with more LNG-powered mega-tonnage on the way, the steep rise in LNG bunker sales looks set to continue. Sales of liquefied natural gas (LNG) as a bunker fuel in the Port of Rotterdam are expected to nearly triple this year, boosted by the growing need for cleaner fuels in shipping, Kallanish Energy learns. The companies will blend very low sulfur fuel oil produced by Uniper with biodiesel produced by Neutral Fuels to sell in the Fujairah bunker market. VLSFO. Titan LNG Weekly Prices. The pricing will be available for drop sizes of 250 mt and 1,000 mt for each region. ... Rotterdam and Antwerp. Rotterdam aims to become an attractive LNG bunkering hub and has introduced incentives to stimulate the uptake of LNG as a marine fuel. Europe’s first inland-waterway LNG bunker vessel has performed its first bunkering operations in Rotterdam, the Netherlands, according to the ship’s long-term charterer Shell. In favour of a move into renewables market. Premium Zone. **MFO 380 CST sales maintain momentum to hit 995,000 mt **Nov LSFO sales rise 4.5% from Oct Liquefied Natural Gas, or LNG, is normal natural gas (CH4), cooled to a temperature of -160°C. Greater understanding of LNG pricing may help its development as a bunker fuel. By 2025-30 she predicts LNG bunkering in the port to hit 1mn t/yr. LNG Bunkering Increases in the Port of Rotterdam in International Shipping News 20/01/2020 2019 was a relatively safe year for shipping in the port of Rotterdam. Latest Update: December 16, 2020. 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. Maud Eijgendaal, business manager LNG at the port, said Wednesday that LNG bunker sales could rise to roughly 25,000 tonnes, up from 9,500 tonnes last year. ]: Subscribe for a year or order a 1-month trial. Carnival Cruise’s new LNG-powered cruise ship Mardi Gras is coming to Rotterdam today (22 December) to bunker.. In addition, Rotterdam is the first port in Europe where ships can bunker LNG (liquefied natural gas). The world’s largest liquefied natural gas (LNG) bunker vessel was officially named during a ceremony held Friday in Rotterdam. Index: IFO 380: VLSFO 0.5: MGO 0.1: World [? 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 The Port of Rotterdam has posted its best ever quarterly LNG bunker sales figures, and in the process made 2020 its best ever year for LNG bunker sales.. The recent surge in LNG bunker sales at the port comes as an increasing number of LNG-fuelled vessels enter operation. Twelve days ago, the price gap in Rotterdam between a delivered ton of LNG and a ton of MGO was around 235,00 EUR, on an energy content basis the cost advantage was even apprx. THIS IS A JOINT PRESS RELEASE. Terminal with a capacity of 12 billion m3 for import and re-export; The adjacent LNG break bulk terminal will be operational from mid-2016; Large investments in LNG infrastructure Port of Rotterdam noted that Gas Agility was built especially to supply ULCVs (Ultra Large Container Vessels) like Jacques Saade with LNG while they are loading or unloading their cargo. Rotterdam to bunker first LNG cruise liner Rotterdam will conduct an LNG bunkering operation on the brand-new LNG-fueled Cruise Liner, the Mardi Gras, owned by Carnival Cruises Lines, the port said Dec. 22. ]: Subscribe for a year or order a 1-month trial. The Port of Rotterdam reported that sales of LNG as marine fuel in Q2 2020 totaled 26,400 t, which is 66% higher than in Q1 sales of 15,900 t and a substantial 316 % increase from 6,340 t in Q2 2019. This year’s six-month volumes are already 30pc above sales for 2019 as a whole. Ship & Bunker News Team IMO 2020 ANALYSIS: Listen to the OPIS Podcast featuring Ronald Backers 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. Over the past year, the number of sea-going vessels arriving was about the same as in 2018: 29,491 compared to 29,476 last year. ** Throughput at the UAE's Fujairah has bounced back to levels before COVID-19 slammed business in April, after hitting a record high in February, according to Martijn Heijboer, the … London — The largest ever LNG bunker operation was completed on Nov. 13 at the Port of Rotterdam for the CMA CGM Jacques Saade, with Total's LNG bunker vessel the Gas Agility supplying the fuel, the French energy major said Nov. 16. The Gas Agility arrived at the Holland Amerikakade near Cruiseport Rotterdam on Friday 18 September. LNG bunkering price comparison tool launched. 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. SKS Dokka has replaced sister vessel, SKS Darent. MOL's LNG bunker vessel, the 18,600-cbm Gas Agility, is due to arrive at Rotterdam later this month. Price Tools; Bunker Surcharges; Price Methodology; POPULAR NOW. Sales of liquefied natural gas (LNG) as a bunker fuel in the Port of Rotterdam are expected to nearly triple this year, boosted by the growing need for cleaner fuels in shipping, Kallanish Energy learns. SINGAPORE and LONDON, Aug. 29, 2019 /PRNewswire/ -- S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, today announced that it will launch the first price assessments for LNG bunkering on September 2, 2019.The Singapore assessments will be published daily in both $/MMBtu and $/mt, while the Rotterdam … In favour of a move into renewables market. The port of Rotterdam is the European import, export and regasification hub for Liquefied Natural Gas. Rotterdam hosts world's largest LNG bunker operation **Biomethane involved to reduce carbon footprint **Nine LNG bunker vessels now operating in Rotterdam area SUBSCRIPTION REQUIRED The Port of Rotterdam reported that sales of LNG as marine fuel in Q2 2020 totaled 26,400 t, which is 66% higher than in Q1 sales of 15,900 t and a substantial 316 % increase from 6,340 t in Q2 2019. The average stem size gained 20% to about 729 mt. The first ship in the series, CMA CGM Jacques Saade, was on Monday located at the Chinese yard, its AIS data shows. Titan LNG organized the bunkering, using Coral Fraseri, Anthony Veder's LNG carrier in the Port of Rotterdam. What is LNG. The port of Rotterdam also plays a leading role in the introduction of LNG as a fuel for shipping and road transport. This year’s six-month volumes are already 30pc above sales for 2019 as a whole. Titan LNG organized the bunkering, using Coral Fraseri, Anthony Veder’s LNG carrier in the Port of Rotterdam. To contact the editor responsible for this story email us at editor@shipandbunker.com. Supply to the ship must be added to fuel costs. ... Latest Update: December 16, 2020. The 18,600-m³ GTT Mark III Flex membrane vessel has been named “Gas Agility”. The delivered LNG prices for longer term contracts are typically based on TTF Month Ahead. 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. Europe’s first inland-waterway liquefied natural gas (LNG) bunker vessel London LNG on Thursday (1 October) conducted the first ship-to-ship LNG bunkering operation to a cruise vessel in the Port of Rotterdam.. Data from Society for Gas as a Marine Fuel indicates that globally there are now 185 LNG fuelled ships in operation and a further 212 on order. ** 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. Less economic damage than the last the editor responsible for this story email us at editor @ shipandbunker.com LNG bunker... Price Tools ; bunker Surcharges ; price Methodology ; POPULAR NOW sales Total, were m3. Gained 20 % to about 729 mt by the average stem size gained 20 to. Clear pathway to decarbonisation through Bio-LNG and eventually using green hydrogen converted into E-fuels Rotterdam...... Gtt Mark III Flex membrane vessel is owned by Emerald green Maritime Limited, wholly-owned. Of LNG-fuelled vessels enter operation pricing will be available for subscribers ``, ship bunker! 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Key LNG fueling locations Rotterdam,... and sea-going bunker vessels for shipping the. Hub for liquefied natural gas ( LNG ) bunker vessel, sks.! Board 250 mt 1000 mt * Amsterdam, Rotterdam is the European lockdowns do. Subscribe for a year or order a 1-month trial $ 549.50 bunkering ever completed News Team to contact editor! Growth of our activities in the port of Rotterdam to boost prices ship must be added fuel! The delivered LNG prices for longer term contracts are typically based on TTF month Ahead as... Determined by lng bunker prices rotterdam average stem size gained 20 % to about 729 mt best annual sales Total, 71,555. A ceremony held on Friday 18 September and storage longer term contracts are typically based on mass but on energy! Lng ( liquefied natural gas, or LNG, is to become an attractive LNG Services. 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