Peter Livanos, one of the world’s most successful shipowners, has forecast that it is “inevitable” LNG will become the principal fuel for shipping in coming years.

Short-term hurdles such as lack of fuelling infrastructure and the life of existing ships will be overcome as the benefits of LNG use become more firmly entrenched, he said.

“It’s inevitable that LNG will become the primary means of fuelling maritime transport,” he told an seminar in Athens today on the future of LNG organized by ABS.