[ID] => 9540
[post_author] => 34
[post_date] => 2018-05-04 15:38:21
[post_date_gmt] => 2018-05-04 14:38:21
[post_content] => Dorian LPG has signed a memorandum of understanding (MOU) with Hyundai Global Service to look at upgrading ten of its VLGCs to use LPG as fuel. The MOU covers research and preliminary engineering studies.
"The cargo transported by our vessels is an energy source with well-documented environmental benefits relative to other fuels,” says John Hadjipateras, chairman/CEO of Dorian LPG. “We are undertaking this initiative with the dual goals of acting as a responsible corporate citizen and potentially achieving a significant competitive advantage that will benefit both our customers and shareholders."
The initiative follows on from a study announced in September 2017 by Dorian LPG and ABS to evaluate the use of LPG as marine fuel in advance of the IMO mandate to reduce sulphur emissions by 2020.
Dorian LPG says it believes in the viability of LPG as an attractive and cost-effective alternative fuel that is widely available and inherently compliant with the IMO mandate. LPG as a fuel source has a significant advantage over other potential sources, including LNG, methanol and marine gasoil, given the abundant availability of LPG from the shale exploration boom and the existing global distribution network and onshore and floating storage infrastructure for LPG. As part of its recent new building programme, Dorian LPG proactively included enhancements to its VLGC vessels design to allow for the option of using LPG as a marine fuel.
[post_title] => Dorian gets serious about LPG fuel
[post_status] => publish
[comment_status] => open
[ping_status] => open
[post_name] => dorian-gets-serious-lpg-fuel
[post_modified] => 2018-05-04 15:38:21
[post_modified_gmt] => 2018-05-04 14:38:21
[post_parent] => 0
[guid] => https://www.hcblive.com/?p=9540
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Dorian gets serious about LPG fuel
// By Peter Mackay on 4 May 2018
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