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Tag Archives: future fuels
Forecast marine fuel prices
The single most important input to any economic comparison of future fuel options is the price of these fuels. For a ship, the fuel can represent between 50% and 70% of the total costs of owning and operating that ship. … Continue reading
The role of natural gas in the future energy mix
For a long time, a big theme of the energy industry has been a swing towards natural gas, it’s even being branded The Natural Gas Revolution. This cleanest of the fossil fuels has grown faster than other energy sources, first … Continue reading
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One hurdle cleared for LNG in transportation
A long range of hurdles to the implementation of LNG as a transportation fuel have been mentioned, both by sceptics and realists. But only two are brought forward every time; the lack of infrastructure and the uncertainty in prices. I … Continue reading
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The LNG fuelled fleet will double every second year
Clearly, the fleet of LNG fuelled ships is not growing as fast as we have predicted earlier. I believe the main reason is that shipping markets in general are pretty slow these days – not many ships are being ordered. … Continue reading
Liquefied biogas is emerging as an alternative fuel
I have previously dismissed biogas as an alternative fuel for shipping. My main reasoning behind this was that it is not scalable to where it might penetrate the marine fuel market in any significant way, in other words I can’t … Continue reading
Fueling Hawaii with LNG
Another popular vacation destination is looking at entering the world of LNG these days, so of course I can’t help but take a look. This time it is Hawaii. Hawaii is a group of islands in the middle of the … Continue reading
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Which marine fuel do you want to be cheapest?
I know. I know. It’s summer. I am not supposed to think about marine fuel prices, but there is something intriguing about this situation where suddenly the marine industry has two alternative fuel options. And the choices made will have a … Continue reading
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LNG is the first step towards carbon neutral shipping
In 1996, the Norwegian Government decided they wanted domestic ships in Norway to run on natural gas, and four years later the passenger ferry Glutra was launched as the worlds first LNG fuelled ship. The motivation behind this drive was … Continue reading
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Growing confidence in LNG as a future marine fuel
As part of a project to define the future design of container feeder ships for operation in the Baltic Sea, some of my colleagues have done a survey. They posed a set of questions to a range of ship operators … Continue reading
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Natural gas – the bridge to where?
If you havent already seen the TED speach by T. Boone Pickens, you should get to it. Mr Pickens is a bit more focused on US national security than I would be, but otherwise he delivers an excellent description of … Continue reading