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23rd January 2019
Liquefied Natural Gas (LNG) is a superior marine fuel providing the best option to improve air quality and is the only scalable marine fuel that advances shipping’s greenhouse gas (GHG) reduction objectives. To support shipowners and operators in analysing options in an informed way, while simultaneously providing deeper analysis of the assumptions that go into the 2020 decision process, SEA-LNG commissioned an independent study by simulation and analytics experts Opsiana.
The study is based on a newbuild 14,000 TEU container vessel plying its trade on an Asia-US West Coast (USWC) liner routing.
The findings clearly indicate that LNG as a marine fuel also delivers the best return on investment on a net present value (NPV) basis over a conservative 10-year horizon, with fast payback periods ranging from one to two years.