LNG may beat out nuclear and fuel-cell technology as shipping lines look for cleaner and cheaper alternatives to traditional heavy- fuel oil, said Det Norske Veritas. "LNG is the best alternative we have from an environmental and financial point of view" chief operating officer at ship inspector Det Norske Veritas said. Nuclear power will remain socially unacceptable, while fuel-cell technology isn't yet advanced enough, he said. LNG vessels would likely cost about 10 percent to 15 percent more to build than traditional ships but, in the long run, there would be cost-savingsbecause LNG is cheaper than heavy fuel.
Bloomberg
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