
ExxonMobil Charters Two Vessels to Launch LNG Bunker Business
ExxonMobil announced it is entering the LNG marine bunkering market as part of its broader strategy to pursue up to $30 billion in lower-emission investments by 2031. It said that supportive policies and a rising demand for LNG in marine transportation are creating opportunities in the market and driving its decision to enter the business by initially chartering two vessels. “Both LNG and bio-LNG can help reduce lifecycle GHG emissions compared with conventional marine fuels,” said Amy Wood, ExxonMobil...
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