Ship&Offshore | Issue 04/2023
Tight carrier supply could hinder energy transition, says expert
Fleet capacity A leading gas expert, Panagiotis Mitrou, has recently claimed that the world needs hundreds, maybe even thousands, more LNG carriers than the aggregate of the fleet and record order book in place today. Although Lloyd’s Register’s Gas Segment director’s claims may dismay those who believe that building large numbers of LNG carriers, which typically have lives of 30 years or more, is the last thing the industry should be doing in light of the energy transition and the urgency of global decarbonisation, his arguments stand up to scrutiny, writes freelance journalist Paul Bartlett...