175 LNG-Fueled Ships in Operation with 203 on Order!
Currently, there are 175 LNG-fueled ships in operation, with 203 on order and a further 141 LNG-ready vessels in operation and sitting on the order books.
LNG is seen as a transition fuel to a net-zero carbon future and, as such, it marked an acceleration in the uptake across various shipping sectors in 2019, especially for newbuilds.
The key reason behind a greater interest in LNG has been ascribed to the development of the infrastructure to support its uptake.
The latest overview of the market from SEA\LNG indicated that LNG can now be delivered to vessels in some 93 ports with a further 54 ports in the process of facilitating LNG bunkering investments and operations.
When it comes to LNG bunkering, there are active bunkering capabilities or plans to provide LNG bunkers in numerous locations around the globe, including nine out of the world’s top ten ports, the coalition pointed out.
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