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United States LNG Exports Reach Third Place - Nat Gas / LNG


By Tsvetana Paraskova - Dec 17, 2020, 1:00 PM CST
Natural gas production and liquefied natural gas (LNG) exports, including in the United States, could get a boost from a relatively new and not-so-self-evident revenue stream the global shipping industry.   Driven by stricter sulfur emissions standards and the ongoing global drive towards a lower-carbon future, the world’s top shipping operators and manufacturers are raising the share of vessels in the fleet powered by alternative fuels. LNG has so far emerged as the top choice among fuels alternative to marine gasoil and low-sulfur fuel oil to power ships, paving the way for another growth opportunity for the natural gas and LNG industries. ....

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An Under-The-Radar Opportunity In LNG


Natural gas production and liquefied natural gas (LNG) exports, including in the United States, could get a boost from a relatively new and not-so-self-evident revenue stream the global shipping industry.   Driven by stricter sulfur emissions standards and the ongoing global drive towards a lower-carbon future, the world’s top shipping operators and manufacturers are raising the share of vessels in the fleet powered by alternative fuels. LNG has so far emerged as the top choice among fuels alternative to marine gasoil and low-sulfur fuel oil to power ships, paving the way for another growth opportunity for the natural gas and LNG industries. ....

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Natural Gas, Propane Are Early Winners in Quest for Clean Ship Fuels | Hellenic Shipping News Worldwide


Natural Gas, Propane Are Early Winners in Quest for Clean Ship Fuels
Natural gas and propane are emerging as the leading choices for fuel sources to power vessels for shipping companies moving to slash carbon emissions in their operations.
More than a quarter of the ships on order in terms of tonnage are slated to run on liquefied natural gas or liquefied petroleum gas, commonly known as propane, according to an industry trade group, a clear signal of how operators are planning to meet mandates to meet clean-air standards.
The industry is mandated by global regulators to cut overall greenhouse-gas emissions by half in 2050 compared with 2008 levels, a target that has triggered a search by shipbuilders, ocean carriers, fuel providers and equipment makers for new types of engines and fuel sources to power vessels that handle global trade. Options under consideration include hydrogen, biofuels and electric power, along with LNG and LPG. ....

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