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Printed by Jessica Casey,
Deputy Editor
LNG Business,
Himalaya Delivery has introduced that two of its ships, Mount Norefjell and Mount Matterhorn, have just lately bunkered with LNG in Singapore.
A newcastlemax working on LNG reduces its carbon dioxide emissions by 43% in comparison with a regular capesize ship, along with considerably decreasing sulfur oxides and nitrogen oxides.
On 31 July 2023, LNG costs (adjusted for calorific values) have been US$472/t1 in comparison with US$537/t for HFO2 and US$610/t for VLSFO2.
“We’re happy to see the primary LNG bunkering of the Himalaya ships. Each the en-vironmental and financial advantage of working on LNG makes us assured in our option to put money into twin gas engines. The excessive LNG costs seen within the wake of the Russia-Ukraine battle appears to be normalising, and we consider, over time, LNG costs will commerce at a reduction to grease. Of the round 2000 capesize+ dry bulk ships on the earth, lower than 2% can run on LNG, therefore, Himalaya Delivery is properly positioned to profit from the environmental rules being launched,” mentioned CEO, Herman Billung.
Learn the article on-line at: https://www.lngindustry.com/lng-shipping/07082023/himalaya-shipping-ltd-commences-lng-bunkering/
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