ShippingWatch

Hapag-Lloyd and Port of Rotterdam defend LNG as a fuel for shipping

Germany's Hapag-Lloyd and the Port of Rotterdam tell ShippingWatch that they stand by their commitment to liquefied natural gas, despite the World Bank's statement criticizing it as an alternative fuel for shipping.

Photo: PR / Port of Rotterdam

LNG is a temporary solution for shipping, but there are no better alternatives until fully sustainable fuels enter the market, say Europe's largest port, Rotterdam, and Hapag-Lloyd, one of Europe's leading container carriers, after the World Bank took a critical stance on LNG as a transitional fuel for shipping in a report Friday.

In the report, the World Bank deems LNG a niche fuel that will have limited significance as a fuel for smaller ships and special vessels.

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