ShippingWatch

Climate-neutral fuel prices will be up to four times that of VLSFO

The shipping industry could end up facing a significantly larger fuel bill once alternative fuels become a reality, Alphaliner warns.

Maersk has a total of 12 methanol ships on order, with the first vessel set for delivery in Q1 2024. | Photo: Maersk

It may become up to four times as expensive to secure climate-neutral fuels as it is to get low-sulfur ones.

Specifically, fuel bills will be at least 2.5 times higher, but more likely four times higher, Alphaliner warns.

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