LNG

Green Corridor signs up Shell, CMG for LNG shipping

The use of LNG as a shipping fuel is gaining momentum in Asia as two more major players have joined the Green Corridor initiative The use of LNG as a shipping fuel is gaining momentum in Asia as two more major players have joined the Green Corridor initiative.
By Sally Bogle 8 February 2018 0 29483
Iron ore carrier off the Australian coast An iron ore carrier approaches the coast of Western Australia. (PA)

Shell and China Merchants Group (CMG) have formally joined the second phase of the Green Corridor initiative, a plan to develop LNG infrastructure to support an Australia-Asia shipping fleet that runs on the fuel.

Walter Purio, chief executive of the Perth-based LNG Marine Fuel Institute, which is closely involved in Green Corridor, told Interfax Natural Gas Daily that the addition of Shell and CMG will help establish the “economic benefits of making LNG for shipping a viable industry”. 

Green Corridor was established in...