Dual-fuel newbuilds are increasingly considered a hedge against fuel risk in the shipping sector, according to a report by Hellenic Shipping News. The publication notes a shift in the discussion surrounding these vessels, which were initially promoted as a key component of shipping's decarbonisation efforts.
John Cooper, CEO of BAR Technologies, is cited by Hellenic Shipping News as suggesting that the primary benefit lies in reducing overall fuel consumption. He reportedly stated that burning less fuel, regardless of the specific type, represents the true hedging strategy for ship operators.
The report indicates that the focus is moving towards operational efficiency as a core advantage. This perspective suggests that while dual-fuel capabilities offer flexibility, the ability to minimise fuel usage through technologies like wind assist provides a more direct and tangible payout.
This approach highlights the evolving strategies within the maritime industry to manage fuel costs and environmental regulations. The emphasis on efficiency underscores a practical response to the uncertainties surrounding future fuel types and their availability, as reported by Hellenic Shipping News.
