More than one-in-10 newbuilds contracted in 2017 featured LNG for its main propulsion system, an LNG bunkering specialist claims.
“In 2017 around 11% of all new build contracts were LNG powered ships, a trend that we expect to continue during 2018,” says Titan LNG.
“The order book for LNG-powered ships grew substantially, the LNG bunkering infrastructure is maturing and the pricing of LNG has become structurally competitive versus MGO.”
