News / LNG will slash costs for box ship operators as ECAs spread and oil price rises again

29/09/2015

LNG-fuelled containerships could offer operators considerable cost savings when the price of traditional fuel rises again, according to one leading German shipowner.

Speaking at last week’s JOC Container Trade Europe event in Hamburg, Keno Eden, project manager at shipowner Nordic Hamburg, which has six LNG-fuelled feeder ...

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B Williams
October 01, 2015 at 8:37 pm
Thank you very much for another great story.
I am very interested in LNG for bunkering in the US.
I am interested in the LNG price quoted of $250/MT,
seems low for even Euro spot bulk deliver of LNG.
that would be a delivered price of $5/mmbtu? seems low.
can you help me with the math, that price also doe not
include any cost for storage, LNG logistics, loading,
or a bunker vessel or trucking. Just trying to understand
the math if you can help. I would expect this to
be closer to $9/mmbtu all-in, what do you think?

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