Increased doubts about the future of LNG as a compliant marine fuel against a backcloth of soaring gas prices has resulted in the cancellation of some LNG-fuelled vessel orders, according to an OPEC report.
The oil-producing cartel’s World Oil Outlook 2021-2045 (WOO) says the shipping industry is “at a technology crossroads” in its search for alternative fuels.
“The future of LNG in marine bunkers remains uncertain for the time being, as some …

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Source: The Loadstar