News / Soaring gas prices could see dual-fuelled ships switch from LNG to diesel

Increased doubts about the future of LNG as a compliant marine fuel against a backcloth of soaring gas prices has resulted in the cancellation of some LNG-fuelled vessel orders, according to an OPEC report.

The oil-producing cartel’s World Oil Outlook 2021-2045 (WOO) says the shipping industry is “at a technology crossroads” in its search for alternative fuels.

“The future of LNG in marine bunkers remains uncertain for the time being, as some have voiced doubts about its long-term sustainability, in view of ...