Reduction in Sulfur Emissions Owing to Use of LNG to Benefit Global LNG Bunkering Market
The use of liquefied natural gas (LNG) as a fuel for ships helps in reducing the emissions of sulfur oxide by 90% to 95% compared to conventional petroleum fuels. As a result, a large number of vessel operators and shipping companies are quite attracted towards this alternative and are switching to LNG as a bunker fuel so as to reduce the emission and to comply with the strict mandates regarding sulfur emissions. Several market experts are estimating the regulations against...
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