Australia all at sea
Australia is positioning itself to dominate liquefied natural gas-fuelled cargo shipping routes into Asia
Initially considered marginal compared to alternative fuels, the use of LNG for shipping is rapidly gaining traction. This is partly because of ground-breaking new vessel designs and competitively-priced LNG. But shippers also have an eye on International Maritime Organisation restrictions on sulphur content in marine fuels which will be capped at 5% from 1 January 2020. The game-changing moment came late last year when leading global shipper CMA CGM announced it would build nine large container ships with a membrane tank design by GTT powered by 300,000 tonnes a year of LNG, which would be supplied by Total. This signalled that the shipping industry was comfortable with the concept of burni
Also in this section
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference
