Energy major Shell expects the cost of dual-fuel engines that can run on LNG to fall in the next year but it also believes there will be more scope to retrofit existing vessels with LNG fuel systems.
Tahir Faruqui, who is general manager and head of downstream LNG for Shell LNG Marketing & Trading, told TradeWinds: “The big opportunity that we see emerging in the next 12 months is the retrofitting of existing vessels with LNG fuel systems to improve emissions, extend the life of the asset...
