Alain Bourgeois

LNG carrier

LNG to Become the Fuel of Choice for Shipping?

By Alain Bourgeois 2018-08-04 20:40:11

Looking at LNG as a marine fuel, the IEA, in their 2017 World Energy Outlook estimates the market potential to 26 million tons per annum by 2030. According to DNV GL, LNG could account up to one-third of marine fuels by 2050. The IMO requirement that marine bunkers contain no more than 0.5 percent sulfur by 2020 which will have a dramatic impact on the operations of all of the world’s marine vessels. There is no ‘one-size-fits-all’ solution, and there...

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