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LNG-Fueled Ships Get $324.6M Loan Guarantee

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US transportation secretary Anthony Foxx has announced a $324.6 million loan guarantee to TOTE Shipholdings to finance the construction of two liquefied natural gas-fueled container ships. The vessels will be constructed at National Steel and Shipbuilding Company in San Diego, Calif. As dual fuel vessels, primarily operating with LNG, but with light diesel as needed, […]

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