Study shows LNG-powered vessels save on interest rates

LNG-powered vessels are likely to find favorable treatment from lenders under the Poseidon Principles, according to a new study by Sea-LNG. Sea-LNG is a multi-sector industry coalition that was founded in 2016 to advocate for the use of LNG over conventional marine fuels. Its members include a diverse assembly, including owners, charterers, brokers, banks, and …

The post Study shows LNG-powered vessels save on interest rates first appeared on Hellenic Shipping News Worldwide.

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