Carriers

VLCCs look set to benefit from LNG fuel

If the rates of the VLCC market were better, the first crude oil tanker running on LNG fuel would already be operating, says Henrik O. Madsen, CEO of DNV GL.
BY KATRINE GRØNVALD RAUN

If the market for the huge cruce oil tankers, the VLCCs, wasn't so wretched, the first tanker running on LNG fuel would already be in the market, says Henrik O. Madsen, CEO of the new classification company DNV GL Group. The combination of the ships and LNG forms a basis for more optimal operations, he tells ShippingWatch:

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