LNG bunkering the future of marine transportation
Published by Will Owen,
Editor
LNG Industry,
A report by Energias Market Research suggests the market is expected to witness a CAGR of 62.5%, and is projected to reach US$24.7 billion by 2023.
The key factors driving the growth of LNG bunkering market are increase in LNG demand in order to reduce the carbon footprint in the shipping industry stringent international emission policy, the best cost-effective alternative fuel and significant rise in government initiatives supporting LNG adoption.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/03112017/lng-bunkering-the-future-of-marine-transportation/
You might also like
Seaspan completes first car carrier ship-to-ship LNG bunkering at Long Beach
Seaspan Energy has completed its first LNG bunkering operation to a pure car and truck carrier at the Port of Long Beach.