In recent years,Chinese government’s policy support to the LNG-powered ship has been constantly increasing.The“Guidance on speeding up LNG fuel application in the shipping industry”has been issued with an intent to reserve a portion of fund for ship modification from the 1.5 billion Yuan special fund for energy-saving and emission reduction,so that 200m Yuan subsidies could be made available by the means of“award instead of subsidy”.Meanwhile,the guidance determines that the highest price of LNG should not exceed 75%of the fuel oil price. In recent years, Chinese government’s policy support to the LNG-powered ship has been constantly increased. “ Guidance on speeding up LNG fuel application in the shipping industry ” has been issued with an intent to reserve a portion of fund for ship modification from the 1.5 billion Yuan special fund for energy-saving and emission reduction, so that 200m Yuan subsidies could be made available by the means of “award instead of subsidy”. Meanwhile, the directive determines that the highest price of LNG should not exceed 75% of the fuel oil price.