LNG

Offshore owners struggle for LNG propulsion payback

Offshore vessel owners are failing to justify investments in LNG propulsion driven by demands from oil majors, a trio of Norwegian owners have reported.

Investment in LNG-fuelled PSVs including 'Island Crusader' is not reflected in charter rates, Norwegian owners have reported

Offshore vessel owners are failing to justify investments in LNG propulsion driven by demands from oil majors, a trio of Norwegian owners have reported.