Fig. 4From: Investment decisions under uncertainty on LNG-powered vessels for environmental complianceProbabilities of exercising option for various operating time within ECAs. Notes: ECA25% means the amount of time spent sailing in an ECA is 25% of one year; ECA50% the amount of time spent sailing in an ECA is 50%; while ECA 100% implies that a ship operates the whole year in an ECABack to article page