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Price the biggest challenge in adoption of alternative fuels: Eaglestar

From seatrade-maritime.com

The pricing difference to conventional fuels is the biggest challenge facing the adoption of greener fuels by shipping companies, according to the chief of MISC’s shipmanagement company Eaglestar. Eaglestar has been one of the frontrunners in operating LNG dual-fuel tankers for MISC tanker company AET. Speaking to Seatrade Maritime News at the Langkawi International Maritime & Aviation exhibition, Capt Peter Liew, Managing Director/CEO of Eaglestar, noted the technology for LNG-fuelled ships had been around many years with LNG carriers using it as a fuel as well as carrying it as a cargo. The company started ... (full story)

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  • Category: Fundamental Analysis