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News / Global biofuel production capacity predicted to be unable to meet shipping demand

Laura Maersk
Photo: VesselFinder
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UK ship classification organisation Lloyd’s Register (LR) has warned shipowners and their decarbonisation-conscious customers that the cost of liquefied bio methane (LBM), the presumed drop-in replacement for LNG in the latest generation of newbuilds, is rapidly increasing compared with other forms of biofuel.

Shipping giants are ...

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    Bio-methane Biofuel Emissions & Omissions Lloyd's Register Maersk