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DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Green Car Congress

DNV GL expects LNG uptake to grow quickly in the next 5 to 10 years, first on relatively small ships operating in areas with developed gas bunkering infrastructure, where LNG prices are competitive to HFO (heavy fuel oil) prices. Ship electrification and renewables.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

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Silent engines, positive impact on the environment, and decreased fuel costs are all reasons for this transition to EVs. Moreover, with the massive drop in oil prices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel.

Economy 52