LNG Ship Order Increases As Shipping Looks for Long-term Fuel Solution

More than 170 LNG vessels are in operation and over 180 are in order as LNG orders boom
The ability of LNG propulsion to drive larger vessels with larger fuel demands is the key here.
Next Generation newbuild ships are going for LNG as we are nearing a carbon-neutral future.
CMA CGM considers it as a long-term strategy while the biggest user of LNG, Shell, is virtually running everything on LNG
LNG bunkering demand is growing at a high rate and set to jump 300 pc with 30,000t projections in...