Shippers Cool on Green Fuels as Costs Stay Too High

Shippers Cool on Green Fuels as Costs Stay Too High By Irina Slav - Jul 09, 2026, 10:00 AM CDT Shipping companies are scaling back plans to adopt green fuels, as hydrogen and ammonia remain too expensive and commercially unviable. Conventional fuels are expected to dominate for longer, with more shipping executives now believing fuel oil and LNG will remain the industry's primary energy sources. Shipowners are focusing on energy efficiency and hedging with dual-fuel vessels that can run on both traditional and alternative fuels.