Hello everyone, I hope you all are doing great. In today's tutorial, I am going to give you a detailed overview of LNG Transfer Systems. In the recent past, there has been tremendous growth in the demand for LNG. This has raised the LNG shipping rates around the world. The growth in demand is expected to keep increasing and reach a factor of 50 per cent by the year 2020. It is also estimated that the global cryogenic market will hit an all-time high of $21 billion by the year 2021.
Most shipping companies are going for LNG as compared to conventional fuels based on oil for their ships. The lowered limit on air emissions, need for efficiency and increasing operational costs has pushed many shipping firms to look for better fuel for their maritime a ...
