Nordic minister warns the age of LNG-fueled ships is over
With a fuel agenda under development both in technological and political terms, it’s no longer enough to have newbuilds that only sail on liquefied natural gas, warns the Norwegian presidency of the Nordic Council of Ministers. ”I wouldn’t invest in LNG ships today,” climate minister tells ShippingWatch.
by peter thomsen, watch media eu correspondent
BRUSSELS – He’s in no position to decide how the world’s shipping companies must spend their money, but that doesn’t prevent Norwegian Minister of Climate and Environment Espen Barth Eide from stating in the clearest terms:
Demand on the majority of busy container routes is now at its lowest level in three years, an influential analyst bureau reports, saying volumes may continue to plummet beyond the Chinese New Year in February.