The maritime industry’s transition to cleaner fuels reached a significant milestone in 2024, with the adoption of LNG-fueled vessels experiencing unprecedented growth. According to SEA-LNG’s annual ‘View from the Bridge’…
lng fuel
LNG’s Adolescence: Maturing Fast in the Race to Decarbonize Shipping, But Infrastructure Gap Looms
LNG-fueled vessels are rapidly emerging as the frontrunner in alternative marine fuels, despite representing just a fraction of the global fleet. A recent report from industry coalition SEA-LNG revealed that…
Too Many Ships, Too Little Demand: LNG Freight Rates Plunge to Multi-Year Lows
SINGAPORE, Oct 28 (Reuters) – Liquefied natural gas shipping rates have hit multi-year lows and may extend losses going into 2025, analysts and shipping sources said, with new tankers being added at…
https://gcaptain.com/too-many-ships-too-little-demand-lng-freight-rates-plunge-to-multi-year-lows/
LNG-Fueled Ships Surge to 2% of Global Shipping Fleet
The maritime industry is witnessing a substantial shift towards liquefied natural gas (LNG) as a fuel source, with LNG-powered vessels now comprising over 2% of the global shipping fleet, according…
https://gcaptain.com/lng-fueled-ships-surge-to-2-of-global-shipping-fleet/
DNV: LNG and Methanol-Fueled Pipeline Continues to Expand
The pipeline of ships ordered with alternative fuel options continues to expand with LNG and methanol leading the charge. A total of 21 LNG-fueled vessels were ordered in August, making…
https://gcaptain.com/dnv-lng-and-methanol-fueled-pipeline-continues-to-expand/
Future is All About LNG Powered Ships
Thousands of ships could use LNG as fuel. Is that a good thing?, writes Greg Miller for Freight Waves.
Natural gasNew study claims natural gas may be no better for climate than coal.
The shipping industry has placed a massive bet on liquefied natural gas as an alternative fuel — as a bridge between traditional fuel oil and whatever comes next, whether it’s methanol, ammonia, hydrogen or something else. Shipowners have spent billions of...
Pasha Hawaii Delivered Second LNG-Powered Containership for Jones Act Trade
Pasha Hawaii and AmFELS have announced the delivery of the MV Janet Marie, the second of two new 2,525 TEU-capacity ‘Ohana’ class containerships powered by liquified natural gas. Delivery follows the…
https://gcaptain.com/pasha-hawaii-delivered-second-lng-powered-containership-for-jones-act-trade/
Matson to Convert Third Containership to LNG Fuel
U.S.-based shipping line Matson (NYSE: MATX) has confirmed that it will convert the main engine on its container ship, the Kaimana Hila, to a dual-fuel ME-GI unit capable of running…
https://gcaptain.com/matson-to-convert-third-containership-to-lng-fuel/
TOTE Marks ‘Fueling Milestone’ with North America’s First LNG Bunkering Barge
U.S.-based shipping company TOTE Services is announcing a significant milestone with the 300th fueling operation by its LNG bunker barge Clean Jacksonville at JAXPORT’s Blount Island Marine Terminal. TOTE called…
https://gcaptain.com/tote-marks-fueling-milestone-with-north-americas-first-lng-bunkering-barge/
High LNG Costs Force Fjord Lines to Rebuild Two LNG-Powered Ferries to Run on MGO
Norwegian ferry operator Fjord Line says high LNG prices is forcing it to rebuild two LNG-powered ferries to run on traditional marine gas oil (MGO). Despite a strong peak season…