LPG shipping specialist Dorian LPG is collaborating with class society ABS to evaluate the use of LPG as a marine fuel.
ABS will provide an in-depth engineering and economic analysis to assess the costs and benefits of using LPG for Dorian LPG’s fleet of very large gas carriers to meet the new global emissions standards.
Dorian LPG has already made certain enhancements to its VLGC design in its newbuilding programme to allow it to have the option to use LPG as a marine fuel in the future.
“We believe that the relevant technologies are sufficiently advanced to allow a meaningful analysis of this environmentally friendly and cost effective fuel. If the study proves the commercial viability of LPG for marine fuel use, the company will be at the forefront of this innovation. Our customers and shareholders will be well positioned to reap the long-term benefits,” said John Hadjipateras, chairman and CEO of Dorian LPG.