BunkerSpot: Shipping Companies Debate Future of LNG As a Marine Fuel

Abdullah Alazzaz

4 June 2018: “Chairman and Chief Executive Officer of Angelicoussis Shipping Group John Angelicoussis; Executive Chairman of Gaslog Ltd. Peter Livanos; Chairman of Dynacom Tanker Management Ltd. George Procopiou; and Chairman Emeritus of Poten and Partners Michael Tusiani joined ABS Chairman, President and CEO Christopher J. Wiernicki for a two-hour discussion: The Future of LNG Shipping: What Matters Most? held at the Stavros Niarchos Foundation Cultural Center.”

“Michael Tusiani opened the discussion stating: ‘The LNG shipping market has evolved as the value and size of the trade has increased. Larger vessels are now the standard, charterers are moving toward shorter-term periods and the spot market is growing. New owners are moving into the sector, so the question is how much experience will matter to charterers and will they be willing to pay for it.’”

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