Hapag-Lloyd scraps further LNG retrofitting of vessels: More expensive than expected

0
113
"The conversion turned out to be significantly more expensive than we had originally hoped," said Hapag-Lloyd CEO Rolf Habben Jansen on the retrofitting of vessels to sail on LNG.

Retrofitting vessels to sail on LNG turned out to be more costly than expected for Hapag-Lloyd, which has shelved its plans for more retrofits. The outlook for LNG in the shipping industry has changed, says CEO Rolf Habben Jansen.