Read the full newsletter here. Contestants for SHIPPINGInsight’s 2022 SHARK TANK are now being accepted for…
Read the full newsletter here.
The past few months have seen much activity around energy alternatives to reduce/replace fossil fuels. LNG, an alternative that has been around for a while, is seeing a surge in orders and GTT seems to also be expanding into hydrogen. Methanol and ammonia seem to be vying for a seat at the table, along with battery, biofuels and nuclear.
While IMO will declare the timeframe, industry will dictate the pathways. As a fossil fuel-based option, LNG is a strong contender as a transitional fuel along with methanol. Ammonia has safety concerns, and electric battery is still limited to coastwise or short voyages. Hydrogen and nuclear have a future—in the future.
What’s a shipowner to do?
Join us at SHIPPINGInsight for our Deep Dive on Energy Alternatives hosted by DNV. Each of these options will have a chance to present their strengths, with the Shipowner “Industry Bridge” positioned to challenge their applicability. Hopefully we will find answers and debunk myths!
Carleen Lyden Walker