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Showing posts with the label LNG bunkering

LNG bunkering is gaining traction across power plants that operate with heavy-duty vessels industry

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LNG buffering is the process of transferring liquefied natural gas from a container ship to a container ship. The main advantage of LNG in comparison with the conventional method of fueling vessels like heavy fuel oil, Marine diesel fuel (MDO), and marine fuel oil (MHO) is that the LNG tank becomes the main holding area for the product while the other containers or storage are not used at all. In addition to this advantage, the storage tanks also provide easy access to the LNG supply during the transit time. However, the downside of LNG bunkering is that the cost of transporting LNG to the destination is very high as compared to the costs associated with transporting heavy fuels like diesel, heavy oil, and oil sands. As per some estimates, the transport cost of an average size container of LNG fuel is nearly $1000 per ton. However, with the growing demand for LNG and its increasing demand in different countries around the world, there has been a sudden growth in the number of facilitie...