Europe—ready to dock
European passenger boats are looking to LNG for fuel
European port authorities and shipping companies, particularly ferry operators, are developing more liquefied natural gas bunkering facilities as they head towards a gas-powered future. According to a study released in July by Norwegian classification society DNV GL, by 2030 up to 2m cubic meters a year of LNG will be bunkered for ships in the Iberian Peninsula and 8m cm/y by 2050. The estimates, which cover 40 ports, assume a cost of around €1bn ($1.18bn) by 2030 to develop the LNG supply chain. A corner may have been turned in terms of guarantee of supply. The study talks of "a huge potential for LNG as a marine fuel that will utilise the current spare capacity of the existing LNG import t
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