ABS, OceanFinance and Scorpius Space Launch Company (SSLC) are joining forces on the SPACE TECH4SEA project to adapt composite technologies developed for the space industry to LNG shipping. The project, attracting more than €1m grant funding from the European Commission, aims to apply composite technology, which is lighter and more cost-effective, as a competitive alternative in LNG as marine fuel designs, principally for short sea shipping.
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“ABS remains at the forefront...