Mikael Skov views dual-fuel engines as too expensive for mid-sized product tankers

Just now, dual-fuel is the golden buzzword for carriers ordering new large vessels, and it is equally significant for engine manufacturer MAN Energy Solutions. However, it isn't a viable solution for small and mid-sized product tanker vessels, says CEO of Hafnia Mikael Skov to ShippingWatch.

Photo: PR / Hafnia

For product tanker carriers, it is quite simply not a financially viable option to place orders for new small or mid-sized vessels equipped with dual-fuel engines, says CEO of Hafnia Mikael Skov.

As such, he writes off one of the most popular measures used by the international maritime today in the efforts to reduce its CO2 emissions: an engine that can use both traditional bunker oil as well as other, more sustainable fuels.

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