Read the full newsletter here. Earlier this month, it was my honor to be invited to…
A Plethora of Choices
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