Chinese state-run company Cosco Shipping Energy Transportation’s recent order of an LNG-fueled VLCC is a significant development in the wider adoption of natural gas as a marine fuel, even though it may not signal a wave of industry orders just yet. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The order shows that the largest cargo ships are able to run economically on gas and that industry heavyweights like Chinese national oil companies, or NOC, are taking interest in the decarbonization of transportation fuels, which will be needed to move the needle in the broader energy transition. The selection of a Chinese shipyard is also notable because the country has typically lagged […]