FacebookTwitterEmailLinkedin WinGD and Envision have released a new study examining the operational costs of ships powered by renewable fuels, providing a look at how green shipping economics are expected to evolve in the coming years. Green fuels can be competitive in the near future According to the “Renewable Fuel Economics: An OPEX Illustration Based on Current Costs” report, green fuels can be competitive in the near future. While a vessel fueled by green ammonia currently costs nearly three times as much to operate as a VLSFO-fueled vessel, that premium will decrease rapidly if prices evolve as expected – and if an effective global carbon pricing regime is placed on maritime emissions. RelatedNews WSC: Dual-fuel containership and vehicle carrier fleet passes 1,200 vessels LR and Marlink collaborate on maritime digital transformation research var jnews_module_21368357_0_6a0406c831464 = {"header_icon":"","first_title":"Related","second_title":"News","url":"","header_type":"heading_8","header_background":"","header_secondary_background":"","header_text_color":"","header_line_color":"","header_accent_color":"","header_filter_category":"","header_filter_author":"","header_filter_tag":"","header_filter_cpt_post_tag":"","header_filter_cpt_tribe_events_cat":"","header_filter_cpt_web_story_category":"","header_filter_cpt_web_story_tag":"","header_filter_text":"All","sticky_post":false,"sticky_post_filter":false,"post_type":"post","content_type":"all","sponsor":false,"number_post":"2","post_offset":0,"unique_content":"unique1","include_post":"","included_only":false,"exclude_post":"21368357","include_category":"","exclude_category":"","include_author":"","include_tag":"1732,2596,1504,528,1709","exclude_tag":"","exclude_visited_post":false,"post_tag":"","tribe_events_cat":"","web_story_category":"","web_story_tag":"","sort_by":"latest","show_date":"","date_format":"default","date_format_custom":"Y\/m\/d","pagination_mode":"disable","pagination_nextprev_showtext":"","pagi