Twelve months ago, some analysts predicted that the impact of IMO 2020 could be as momentous as when ships’ switched fuel type from coal to fuel oil. They often went on to predict widespread availability issues, compatibility problems, and high prices. With the exception of...
ABS Chairman, President and CEO Breaks Down Future Fuel Choices for Shipowners LNG and hydrogen are viewed as frontrunners to be the fuels that will help shipping reach IMO decarbonization ambitions, according to a new ABS survey. LNG was the solution to the 2050 emissions target for...
Following a greener path, the shipping industry is constantly searching for alternative fuels that will be in line with the environmental regulations, with LNG currently seeing a high demand. The IMO sulphur cap which came into force on January 1st, 2020, requires that all vessels limit...
SEA-LNG announced the results of its latest independent investment study, which highlights the commercial benefits of LNG as a marine fuel for a newbuild 210K DWT Ore Carrier sailing from Australia to China. The study illustrates strong returns on investment for LNG as a marine fuel on...
The Liquefied Natural Gas (LNG) market is globalising as buyers, sellers and types expand. It is an exciting time for the LNG industry. LNG bunkering has grown to 24 out of the top 25 bunker ports globally and it keeps expanding. Oil and Gas IQ surveyed...
Liquefied Natural Gas (LNG) is a superior marine fuel providing the best option to improve air quality and is the only scalable marine fuel that advances shipping ’s greenhouse gas (GHG) reduction objectives. To support shipowners and operators in analysing options in an informed way,...
A very interesting interview was given to nafsgreen.gr by Alexander Prokopakis, CEO probunkers, regarding LNG as a marine fuel. The interview of Mr. Prokopakis has as follows: 1. As the expansion of LNG as a marine fuel is rapid into shipping, probunkers is turning into a world-class...
A independent study report revealed that Greenhouse Gas (GHG) reductions of up to 21% are achievable now from LNG as a marine fuel, compared with current oil-based marine fuels over the entire life-cycle from Well-to-Wake (WtW). It also confirms that emissions of other local...
The major international oil companies have gradually increased their focus on LNG and LNG as a marine fuel, this is very good for the industry. Total and Shell are positive for LNG as a marine fuel. TOTAL CHIEF HIGHLIGHTS VIABILITY OF ‘BEST OPTION’ MARINE LNG ‘All in...
Company plans for first vessel to be operational by end-2022 in customer-focused approach to LNG bunkering Wannabe LNG bunker supplier Probunkers is limbering up to go out to shipbuilders with an initial request for offers on a raft of at least seven LNG bunker vessels (LNGBVs)...