Titan LNG launches: Marine LNG Assessment Tool – Offering Insights into the Business Case for LNG-powered Ships

Stella KrausCompany news, Shipping

We are proud to launch our in-house developed “Marine LNG Assessment Tool” providing decision support for shipping companies that are weighing their options regarding future propulsion for their vessels.

As an experienced provider of LNG bunkering services, we understand that a new fuel is a complex decision for ship owners and charterers. That’s why we decided to build this user-friendly tool to help evaluate if LNG is suitable for specific vessel types and trade patterns. Vessel design and operational aspects are combined with realistic pricing scenarios to provide a quick assessment if LNG is beneficial for a specific project. The tool shows how the attractive price difference between MGO and LNG, plus the higher energy content of LNG, may justify the extra costs of the LNG system.

We are looking forward to helping potential users and will use feedback to further improve the questionnaire and the output of the tool. Your data input will of course only be used for this specific purpose and will not be shared with third parties.

Marine LNG Assessment Tool