DNVGL.com

Costs and benefits of alternative fuels

Download your 16-page copy

SHARE:
PRINT:
Alternative fuels study

To receive the download link to our study via email, please fill in this form

(optional)
Key results from a DNV GL and MAN Diesel & Turbo joint study for an LR1 product tanker.

Sulfur Emission Control Areas (SECAs), in place in North America and Northern Europe, in combination with the upcoming global 0.5% limit on sulfur in 2020 (or 2025) and similar EU limits in 2020, call for alternative fuels as a means for compliance. 

The goal of this study was to analyse costs and benefits of various fuel options for a case with an LR1 product tanker and its operating pattern. Product tankers is a market segment where we expect an annual growth in tonnage demand of 3 to 3.5% up to 2020.