Skip to main content
 Logo

PLEASE NOTE OUR NEW PHONE NUMBER: 617-646-7800 | Publications

Natural Gas for Marine Vessels: U.S. Market Opportunities

04/08/2012
Report

T. Balon, T. Curry

PDF icon Marine_Vessels_Final_forweb.pdf

On behalf of the American Clean Skies Foundation, MJB&A prepared a comprehensive assessment of the opportunities for natural gas to power U.S. marine vessels, including tugs, barges, ferries, and Great Lakes bulk carriers.  It shows that the Great Lakes and the Gulf of Mexico, in particular, offer excellent opportunities for the deployment of natural gas powered vessels. Natural gas offers the potential for significant fuel cost savings; however, the economics of a marine vessel conversion hinge on three key factors: vessel fuel use, delivered LNG prices, and vessel conversion costs.  Our analysis examines the economics of converting to natural gas under a range of scenarios.

The report is available here.

M.J. Bradley & Associates, an ERM Group company

Concord, MA / Washington, DC

Copyright 2022 © All rights reserved.

Phone: 617-646-7800 E-mail: info@mjbradley.com