London-based Baltic Exchange starts first full week of LNG propulsion fuel assessments for carriers
The London-based Baltic Exchange is starting its first full week of issuing independent indices for liquified natural gas propulsion fuel, based on vessels burning LNG rather than marine fuel oil or marine gas oil as their primary fuel.
LNG fuel coalition Sea-LNG reports on loan and competitive advantages in rates for cutting emissions
Sea-LNG, a global coalition led by energy and shipping companies backing the increased use of liquefied natural gas as a maritime fuel, has issued a report demonstrating the long-term competitive advantages of LNG for shipping in terms of financing.
Repsol of Spain advances LNG fuel plans and reports good low-sulfur IMO provision sales
Spanish energy company Repsol, a maritime fuel sector participant with plans to re-fuel Spain-UK ferries with LNG, said the International Maritime Organization sulfur curbs had led to it selling around 150,000 metric tons of low-sulfur fuel at Spanish ports and nearly 1 million tons in Singapore.
