SEA-LNG highlights benefits of LNG as a marine fuel
February 27, 2020
SEA-LNG announced the results of its latest independent investment study, which highlights the commercial benefits of LNG as a marine fuel for a newbuild 210K DWT Ore Carrier sailing from Australia to China. The study illustrates strong returns on investment for LNG as a marine fuel on a Net Present Value basis over a conservative 10-year horizon. The modelling analysis is bolstered by compelling payback periods of two to four years for the newbuild CAPESIZE on this major ore trade corridor.
Edited from SEA-LNG press release