LNG as a maritime fuel – a RightShip position paper
Future fuels are a key priority to achieving a zero harm maritime industry
As the world looks at ways of reducing GHG emissions and limiting the impacts of climate change and adhering to the Paris Agreement’s temperature goals, the maritime industry continues to look for meaningful ways to reduce its emissions.
We therefore seek to explore sustainable solutions, with future fuel being a key priority. In this position paper, we outline our position on LNG as a maritime fuel.
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What’s in the paper?
LNG as a marine fuel is gaining popularity, increasing fivefold since 2016. But is LNG a viable long-term solution? In this paper, we explore the pros and cons of LNG, the impact of methane slip and the infrastructure challenges that the industry faces.
Gain a clear understanding into RightShip’s position LNG as a marine fuel and learn about current usage of LNG as a marine fuel.
Pros and cons of LNG
While LNG is seen to have some beneficial features it also has many negative issues and attracts controversy.
Impact of Methane Slip
Learn about the Global Warming Potential of methane slip and LNG’s potential contribution to trapping heat in the earth’s atmosphere
limitations in infrastructure pose limitations to LNG’s widespread adoption. Read about alternative investment opportunities to service future maritime needs.