12NOV2018 - NEWS - Norway based Avance Gas reveals plans to convert its ships to run on LPG

Norway based LPG shipping firm Avance Gas could convert its ships to run on liquefied petroleum gas ahead of the IMO emission regulations coming into force by 2020. The company explained that it is considering whether it should convert some of its ships to run on LPG fuel, install scrubbers or use compliant low-sulphur fuel. The company revealed its plans as part of its third quarter of 2018 financial report, in which it said that freight rates strengthened during the period as higher US export and lower fleet growth balanced the market.

Published by Editor - www.Livebunkers.com at 12-Nov-2018 05:27:40 [UTC] , contact editor at editor@livebunkers.com