THE latest independent study from SEA-LNG confirms that liquefied natural gas delivers a strong return on investment for Capesize bulkers on the Australlia to China trade route, specifically a newbuild 210K DWT ore carrier.

The study illustrates strong returns on investment for LNG as a marine fuel on a net present value (NPV) basis over a conservative 10-year horizon. The modelling analysis is bolstered by payback periods of 2-4 years for the newbuild Capesize on this major ore trade corridor.

Commenting on the study Peter Keller, chairman, SEA-LNG, said, “The impressive results of this latest installment in our investment case series further underlines LNG’s position as a financially sound investment for deep-sea vessels, across a range of vessel specifications.

“Building up a robust foundation of leading knowledge, credible data, and proven understanding, is a core pillar of SEA-LNG’s mission to support shipowners and operators through the complex investment decision matrix they face in ensuring their vessels are compliant for both current and future legislation.

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 “All our studies prove LNG to be a safe, mature, and commercially viable marine fuel offering compelling returns on investment, superior local emissions performance, significant Greenhouse Gas reduction benefits, and a pragmatic pathway to a zero-emissions shipping industry.”

This study was designed to provide greater clarity for those investing in LNG as a marine fuel for large bulk vessels.

SEA-LNG commissioned the study as the fourth in a series of investment evaluations by simulation and analytics experts Opsiana.

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