More than 100 new LNG bunker vessels (LNGBVs) will be needed in the next 10 years to meet an expected rise in demand for LNG fuelling, according to Singapore’s Pavilion Energy.
Alan Heng, the company's managing director for Asia, said the Singapore gas buyer estimates that LNG bunker demand will rise to just shy of 30 million tonnes per annum by 2030, a 30-fold increase on where it stands today.
