Industry coalition SEA\LNG has released a study showing the potential paybacks of selecting LNG fuel for a VLCC newbuilding due for delivery in 2022.
The study focuses on a 300,000-dwt tanker trading from the Persian Gulf to China and has been conducted by independent simulation and analytics company Opsiana, using data and expertise contributed by SEA\LNG members.
It concludes that using LNG fuel in dual-fuel engines provides a return on investment on a net present value (NPV) basis in the range of $6.1m
