ENGINE on Fuel Switch Snapshot: Gas fuels slip under LSMGO for diesel SS engines

Once a week, bunker intelligence platform ENGINE will publish a snapshot of alternative and conventional bunker fuel prices in the world’s two biggest bunkering hubs. The following is the latest snapshot:

LNG burnt in diesel slow speed (diesel SS) engines has flipped from a $94/mt premium over LSMGO in Rotterdam to a $78/mt discount, as Rotterdam’s LNG prices have fallen by $200-201/mt depending on engine type, while LSMGO has dipped by $28/mt.

Liquefied biomethane (LBM) has swung the same way for diesel SS engines, from a $137/mt premium over LSMGO, to a $26/mt discount, as LBM prices have fallen by $190-192/mt depending on engine type.

For vessels with Otto medium speed (Otto MS) engines, both gas fuels still cost more than LSMGO, but by far less. LNG (Otto MS)’s premium has narrowed by $174/mt to $28/mt, and LBM (Otto MS)’s by $164/mt to $85/mt.

This story was originally published by Manifold Times. Read the full story at Manifold Times →