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Tag Archives: Projections
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
What the World Energy Outlook is missing
I just can’t leave this topic of the World Energy Outlook until I have made my usual “don’t listen to the analysts” warning. As expected, in the days following IEA’s publication there have been a lot of reporting of their … Continue reading
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World Energy Outlook – Natural gas stands out from fossil fuels
Day 2 of reporting on IEA’s World Energy Outlook: Natural gas is the only fossil fuel to continue growing through the entire period 2012 to 2035. Growth is driven by non-OECD, with China, of course, taking the lead. Chinese demand is projected … Continue reading
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Can floating LNG imitate development of FPSOs?
The first attempts on drilling submerged wells started already before 1900, but this was just some rigs on piles in shallow lakes. The development slowly picked up speed in the US and Canada, and in 1947 the first well out … Continue reading
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The only thing that matters is cost of fuel
After having talked to a large range of actors looking at gas fuelled ships from various viewpoints, one thing is very evident: Everybody is concerned about the higher price for a gas fuelled ship; will it be 10% more expensive … Continue reading
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LNG demand in 2010 clocks in at 7,4% growth according to BP Statistical Review
During the summer several major analysis houses have published updated views on the current status and outlook for natural gas and LNG markets. Once again, I’d like to note that it is my opinion that it is impossible to develop … Continue reading
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Analysts are all wrong about LNG demand
I always spend some time reviewing market comments and projections for natural gas and LNG, thinking it will make me a bit smarter and more informed about what is going on in the market. “In your dreams” you might say… All … Continue reading
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The majority of ships ordered in 2020 will be LNG fuelled
Based on educated guesses for categorised groups of ships, we expect a large share of international shipping fleets to implement LNG propulsion. First and foremost for newbuild ships. Here at DNV we are already convinced that the case for LNG … Continue reading
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