BRS’ Cadiou says shipping is going backwards as vessels switch away from LNG fuel

Last week, BRS published its Annual Review of Shipping and Shipbuilding Markets 2023 which can be accessed directly at this link: https://www.brsbrokers.com/annualreview2023.html. The editorial of this publication discussed how shipping should banish heavy fuel oil, and that its continued use is slowing down efforts to decarbonise. This article was recently picked up by a feature in Tradewinds:

“It must be admitted that the continued use of HFO will slow down the transition to cleaner fuels at precisely the point in time when it should be accelerated” BRS said

You can find the entire article here:

https://www.tradewindsnews.com/shipbroking/brs-cadiou-says-shipping-is-going-backwards-as-vessels-switch-away-from-lng-fuel/2-1-1427686

The editorial can also be found here: Download PDF