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We Have Seen the Future And It Is Not Here

Inundated by industry reports of new marine technology describing LNG as a fuel source, optimized hull shapes to reduce fuel consumption, fuel cells providing electrical power onboard ships, or the return of sails, we are reminded that renewable energy is ready to make its maritime debut. At the recent marine Money Week conference in New York, a DNV presentation describing these advances along with the development of offshore wind technology produced a simple comment from the audience: “this is science fiction come to life.”

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Written by: | Categories: Freshly Minted, Market Commentary | July 22nd, 2010 |

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