LNG bunker fuels are gaining traction as a way to reduce emissions “right here and right now” among many members of the shipping community. However, it’s only ever going to be a bridging fuel. In its latest weekly report, Gibson said that “the world is changing rapidly around us. One thing that has significantly changed over the last two years is that the environment is much more at the forefront of people’s conscience. The recent price spikes in oil and gas prices have also meant that alternative sources of fuel are now much more visible than they were. Discussions on methanol, ammonia and hydrogen are now firmly established.
