New fuel rules push shipowners to go green with LNG

Converting a truck fleet to LNG goes a lot quicker than converting ships to LNG. Ships have a vastly longer economic life. We look at a surge in LNG consumption. Eventually, those new liquefaction terminals coming online in the US might want to look inward instead of outward for customers.

Tough new rules on marine fuel are forcing shipowners to explore liquefied natural gas as a cleaner alternative and ports such as Gibraltar are preparing to offer upgraded refueling facilities in the shipping industry’s biggest shake-up in decades.

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