Abstract

The urgency surrounding climate change has spurred the development of renewable energies and a shift towards lower carbon fuels. Liquified Natural Gas (LNG) emerged as a favored choice for industries and countries for reducing atmospheric emissions, with a projected 40% increase in LNG demand over the next two decades. Shipping has become a vital transportation mode for LNG. Alongside its growing share in the global energy mix, LNG is also viewed as a cleaner alternative to conventional fuel oils, offering significant reductions in noxious gases like NOx, SOx, and CO2 emissions.Despite being less favored in the construction of new LNG carriers (LNGC), steam-powered LNGC account for 39% of the current LNGC fleet as of January 2023. This paper evaluates the operational performance of turbine-powered LNG vessels using high-frequency data. It aims to provide a clear understanding of the energy efficiency of these vessels and their compliance with environmental regulations.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.