Carriers watch as price of LNG ‘transition fuel’ sails past the cost of diesel

LNG bunker spot prices in Rotterdam have overtaken the cost of low-sulphur fuel oil (LSFO), according to Ship & Bunker data.
A substantial spike in LNG prices in the past few months, which some analysts regard as temporary, could be of some concern to ocean carriers already operating, or have ordered, LNG-powered containerships.
The marine fuel publication recorded Rotterdam-sourced very-low-sulphur fuel oil (VLSFO) at $518 per tonne yesterday, compared with the spot …

The post Carriers watch as price of LNG ‘transition fuel’ sails past the cost of diesel appeared first on The Loadstar.

Source: The Loadstar

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