“Why dual fueled barges are not thriving in today’s transportation sector:

The aim of this work is to offer insights in the currently ongoing diffusion process of liquid natural gas (LNG) as a fuel for barges. In order to coop with emission standards, shipping lines seek alternatives for current technology. LNG is widely perceived as the successor of petrol based fuels. Despite lots of promising research the diffusion is emerging very slowly, with only 5 barges operating on LNG in all of Europe. In this paper the diffusion process is analyzed in order to point out why LNG as a barge fuel is not a big thing yet. With a realistic approach the excitement on LNG technology is put into perspective. The ‘Adoption of New Technology’ framework (Hall, 2003) is used to analyze the market, which discusses all factors that affect the forces by which the diffusion process is driven. These factors are modeled in the ‘Heterogeneity Model’ (Geroski, 2000), and together with the ‘Real Options Model for Inter Firm Diffusion’ (Dixit, 1994) the current state of the diffusion process is interpreted