A 23-year-old steam turbine-driven LNG carrier has been sold for scrap, becoming the second demolition sale of 2025 in a ...
The UP World LNG Shipping Index, which tracks listed LNG shipping companies, gained 1.87 points (1.12%), closing at 168.68 ...
Dubai-based newcomer Kratos Gas Transport has made an entrance into the LNG carrier sector with the purchase of its first ...
While it emits less carbon than oil-derived ship propellant, LNG is still a fossil fuel and has been criticized for releasing emissions of super-potent methane.
The old ferry, Caledonian Isles ... called "blowdown" emissions of methane which occur every time the ship switches from LNG to running on MGO. Any methane left in the engine crankcase and ...
Not everyone is waiting; they have enough confidence in the LNG pathway to order new ships. According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, 34 new orders for ...
Golar LNG rose in mid-March after the company ... Low rates will rejuvenate the world's fleet, with newly delivered ships displacing inefficient old ones. After the long-term contract expires ...
GTT estimates that using LNG to power a large container ship saves around 25,000 tonnes of CO₂ per year compared to heavy fuel oil propulsion. The delivery of the 12 vessels is scheduled between ...