Ports may lag behind alternative-fuel ship orders, which could affect Gulf bunkering hubs and shipping costs.
Alternative-Fuel Ship Orders Outpace Port Bunkering Infrastructure, Lloyd’s Register Warns
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In simple terms
The global shipping industry is ordering alternative-fuel vessels faster than ports can develop the infrastructure needed to fuel them, according to a new report from Lloyd’s Register (LR), highlighting a...
Why it matters for the Gulf
Shipping firms order alternative-fuel vessels faster than ports build bunkering.
Lloyd’s Register warns of a mismatch in fuel availability.
Gulf bunkering hubs could face pressure as fleets shift fuels.