The maritime industry’s future fuel landscape is narrowing, with options converging around three key molecules: methane, methanol, and ammonia. Among these, LNG (Liquefied Natural Gas) is emerging as the most pragmatic choice for shipowners amidst evolving technology, regulation, and carbon pricing dynamics.
Balancing Pragmatism and UncertaintyShipowners are adopting a pragmatic approach rather than committing to any one fuel type. A complex interplay of factors influences their decisions:
- Fuel...
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