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saintsinnerido

To: Dennis Roth who wrote (174789)	11/15/2013 11:18:48 AM
From: Dennis Roth	2 Recommendations of 206175

US carriers lean towards LNG, as need for cleaner fuel and lower costs increases By Mike Wackett 11.12.2013 theloadstar.co.uk US Jones Act flag-carriers Horizon Lines and Matson are eyeing liquefied natural gas (LNG) as the fuel of the future Horizon is looking to convert part of its fleet to a system of diesel fuel and LNG, while Matson is placing an order for two dual-fuelled 3,600teu ships for 2018 delivery... ...Interestingly, Matson’s vessel order to the Aker Philadelphia shipyard specifies a design speed of 23 knots, going against the trend for of slow-steaming, now common practice in the shipping industry. Despite overcapacity in the transpacific trade lane, Matson’s express Chinese service is reported to be running at close to 100% capacity, suggesting that premium services may have a niche demand, even in the slow-steaming era. If vessels with the ability to burn cheaper fuel could be deployed, it would be a win-win for the carrier...

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