Hoegh Autoliners has been looking as LNG as a dual-fuel option for its vessels, its chief executive Ivar Hansson Mykleburst says.

Wider adoption of LNG as marine fuel will, however, require technological innovation, particularly from engine manufacturers, Mykleburst said during a panel at the Marine Money conference in London on Wednesday.

The main argument against running vessels on LNG, from Hoegh Autoliners’ perspective, is the large storage space required on deck for LNG fuel tanks, which could otherwise be filled with automotive cargo.