SEA-LNG: LNG gives up to eight years competitive edge under Poseidon Principle loans

Choosing LNG as a fuel can give a vessel up to eight years more emissions compliance and make it eligible for cheaper finance over ships built to use conventional fuels, according to industry coalition SEA-LNG.

As it unveiled its new analysis, SEA-LNG pointed to the Poseidon Principles, which provide a framework for financial institutions to measure the emissions of ships they finance.