LNG as a marine fuel has been the least ­pursued option to meet IMO 2020 requirements, due to high shipbuilding costs and concerns over availability and infrastructure.

But a more fungible LNG market has forced project developers to seek more innovative ­financing structures than the traditional model of ­securing 70% debt on 20-year supply contracts.

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And financing LNG-fuelled ships remains little differ­ent from financing other shipping assets.