ABS Study Suggests Dual-Fuel Newbuilds Have the Decarbonization Advantage Over Conversion
Pioneering Study Estimates Newbuild Could Reduce CO\2\ Intensity by a Third(OSLO) A new-build, dual-fuel gas carrier vessel generates lower CO\2\ emissions over the course of its operational life than an existing gas carrier converted to dual-fuel operations. That’s the finding of a unique study by ABS using data based on vessels in the Avance Gas Holding Ltd. (AGH) fleet. ABS compared potential greenhouse gas (GHG) emissions between a new-build, dual-fuel very large gas carrier (VLGC) and conversion of two AGH VLGCs over 20- and 25-year life cycles, including decommissioning. The