The SM JEJU LNG2 supplied LNG in the STS gas-trial to a 173,400 cbm LNG carrier; the demonstration took place at DSME’s Okpo Shipyard.
The ten 300,000 tonne vessels are reportedly ordered by a European client and DSME expects to finalise the deal within the first quarter of 2021.
Product reflects the increasing adoption of LNG, and the consequential need to ensure crew are sufficiently trained in operating LNG-fuelled vessels, it said.
LNG is already available "in all major ports", and a widespread use as a marine fuel only requires "those last mile investments" to make it available...
2020 year-to-date average spot market earnings for a scrubber-fitted capesize have exceeded non-scrubber fitted ones by 27%), said Chief Shipping Analyst.
Vessel will be operating from the port of Antwerp where Fluxys facilitates truck-to-ship bunkering and Titan LNG operates a permanent bunkering point.
LNG bunkering – the process of fuelling ships with LNG – will take place through the first LNG bunker vessel in Singapore FueLNG Bellina.
CMA CGM Palais Royal has left the shipyard in Shanghai and is a testimony of its commitment to maritime transport’s energy transition, it said.
Gasum’s LNG bunker vessel Coralius performed the operation on trans-Atlantic car carrier SIEM Confucius at Emden, Germany.
A more normalised fuel market will develop post-COVID19, and the profitability of its scrubbers investments is expected to improve in the future, it said.
