LNG is the most mature, scaleable, and commercially viable alternative fuel currently available for the marine industry, according to a new study conducted by class society DNV GL on behalf of industry coalition SEA\LNG.
In “Comparison of Alternative Marine Fuels”, the 64-page study that is being unveiled today, DNV GL assessed six alternative fuels – LPG, methanol, ammonia, advanced bio diesel, renewable hydrogen along with the fully electric option based on a review of existing academic and industry literature.