Marine

LNG bunkering defies price declines

LNG bunkering defies price declines

Use of LNG for bunkering continues to make inroads in North America as a viable marine fuel option. Marine gasoil (MGO) prices declined 66pc from June 2014 to February 2016 and presented challenges to LNG for bunkering supply projects in the North American Emission Control Area (ECA).But a per-tonne discount for LNG remains intact.

Mileeta
Posted by Mileeta in Marine on 11th May 2016