A report just released by SEA-LNG, the multi-sector industry coalition advocating for LNG as a marine fuel, says that LNG-fueled vessels account for approximately 13% of the current newbuild order book, with estimates for 2021 and beyond showing continuing growth in many classes of vessels. Importantly, 2020 also saw the first uses of bio-LNG by deep-sea ocean vessels, reducing their carbon footprints.
The report outlines how LNG as a marine fuel has moved from being a niche option to a...