LNG Bunkering Sales Off to a Strong Start in 2024

Liquefied natural gas (LNG) remains the fuel of choice for lower-carbon shipping, despite the rise in orders for vessels equipped with dual-fuel methanol and ammonia engines, according to Rystad Energy analysis. While question marks remain around just how environmentally friendly LNG is as a shipping fuel, its price competitiveness, abundant supply and well-developed infrastructure give it an advantage over the alternatives. This is particularly evident with LNG bunkering; fueling ships with LNG. More than 2,400 vessels are equipped to operate…