LNG-POWERED-fuelled vessels are cheaper to run than diesel by as much as US$10 per TEU and produce less emissions, according to senior consultant of Ocean Shipping Consultants and IAA PortNews journalist David Bull.
The price point of liquefied natural gas, based on prices in South Korea, can save containership carriers of average capacity as much as $9 to $12 per container on a route such as South Korea to Rotterdam, he said, at a VIII annual international congress Oil Terminal held in St Petersburg.
The calculation takes into account that the LNG fuel system is housed in two to five per cent more space than a conventional fuel system, said the report from St Petersburg's Port News.
The price point of liquefied natural gas, based on prices in South Korea, can save containership carriers of average capacity as much as $9 to $12 per container on a route such as South Korea to Rotterdam, he said, at a VIII annual international congress Oil Terminal held in St Petersburg.
The calculation takes into account that the LNG fuel system is housed in two to five per cent more space than a conventional fuel system, said the report from St Petersburg's Port News.
