DNV GL Alternative Marine Fuels study supports use of LNG as bunkers
SEALNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, on Tuesday (17 September) released the findings of a new alternative fuels study today which finds that LNG is the most mature, scalable, and commercially viable alternative fuel currently available for the maritime industry.
The study, conducted by Norway-based alternative fuel experts from DNV GL, concludes that while there are a variety of lower or zero carbon alternative fuels that could help to meet the goals of the International Maritime Organisation’s (IMO) 2030 and 2050 greenhouse gas reduction targets, many of these alternatives require significant development to meet the industry’s needs.
The study also notes that many promising alternative fuels currently lack the regulatory framework, production capability and bunkering infrastructure for widespread adoption, and additionally are more expensive than traditional bunkers or LNG.
As such, in a period where the industry is under considerable pressure to take steps to reduce GHG and other emissions to air, LNG is a solution that could help to move the industry forward, while laying the ground work for lower or carbon neutral fuels produced from renewable or zero-carbon energy.
Based on existing industry and academic literature, the study comprehensively evaluates the commercial and operational viability of six of the main alternative fuels: hydrogen, ammonia, methanol, LPG, biofuel, in the form of hydrotreated vegetable oil, and full battery-electric systems.
It examines how they perform against LNG on a set of 11 key parameters, covering considerations such as applicability, scalability, economics and environmental performance.
“Modern ships have a life expectancy of around a quarter of a century. Investors need to know how the capital expenditures for installed engines and their operational costs, including choice of fuel, will be impacted by current and future environmental legislation,” stated SEALNG Chairman Peter Keller.
“With several marine fuel options to consider, SEALNG commissioned this study from DNV GL to support the industry in its decision-making.
“The study provides further backing for our belief that, in order to achieve GHG reductions and improve air quality NOW, ship owners and managers need to act decisively and invest in LNG capable vessels.
“Doing so will improve the long-term sustainability for the shipping industry, while safeguarding a competitive advantage for the ship owners and operators who facilitate global trade.”
The full DNV GL Alternative Marine Fuels Study can be accessed via the following link here.
The Alternative Marine Fuels narrative can be accessed via the following link here.
Photo credit: SEALNG
Published: 18 September, 2019
Nauticor partners Novatek in LNG bunkering development at Baltic Sea
With strengths in their respective regions, the coalition is a progression to benefit companies that choose LNG as their bunkering option in the Baltic Sea.
Singapore: Seven Yield delivers first deep sea LNG-fuelled car carrier “Siem Confucius”
A comprehensive LNG bunkering fuel supply agreement has been signed with Shell to guarantee that all Volkswagen Group voyages will utilise exclusively LNG fuel.
Shipyard achieves milestone in construction of world’s largest LNG dual-fuel boxship
Jiangnan Shipbuilding positioned the CMA CGM vessel’s 2,200 mt engine and other components in record time with five large cranes and an approximate hundred smaller units.
CSSC completes sea trials for LNG-ready SK Marine VLOC
Trials successfully executed despite the COVID-19 pandemic through careful planning and remote electronic communications; estimated delivery by end of April.
Gasum to supply LNG biogas marine fuel blend to Preen time-chartered tankers
Vessels that will be supplied with Gasum’s blend of renewable maritime fuel are the time-chartered tankers Tern Ocean and Thun Evolve.
China: CIMC enters emerging market of LNG fuel tanks for luxury cruise ships
Despite many difficulties caused by the COVID-19 pandemic, the company managed to gain customer confidence and cinch two deals worth RMB 160 million, it said.
Titan LNG bunker deliveries resume in North West Europe despite COVID-19
Titan LNG to monitor COVID-19 situation based on approved guidelines and situation reports in order to optimise normal working rhythms and a healthy economy.
Vancouver joins forces with Tomakomai for LNG Bunkering
Partnership aims to help reduce shipping emissions through LNG bunkering while enabling the adoption of LNG as marine fuel for ships engaged along the trans-Pacific route.
Successful first LNG Bunkering operation at Klaipėdos, Lithuania
‘The whole process was complicated by the fact that there is no legislation regulating LNG bunkering in Lithuania today,’ says Director General of Klaipėdos Nafta.
Poseidon Med II: LNG as maritime fuel in Eastern Mediterranean sea
First post-IMO 2020 conference in Piraeus highlights the port’s key competitive advantages in LNG bunkering that could set the tone for the region.
Wärtsilä to supply cargo handling system to LNG Bunkering vessel
18,000 cbm LNG bunkering vessel built for Korea Line at Hyundai Mipo Dockyard; contract includes option for second vessel.
SEA-LNG commissioned study highlights strong ROI for LNG-fuelled bulk carrier
Study outlines commercial benefits for 210K DWT Ore Carrier on a basis over 10 years along Australia China route.
Shell LNG Outlook 2020 - LNG as marine fuel to quadruple by 2040
Demand expected to accelerate as LNG bunkering infrastructure develops, and more LNG-fuelled ships are ordered.
Nauticor in partnership to provide LNG bunker fuel to Fassmer Shipyard projects
First LNG bunkering operation in new cooperation was carried out for research vessel Atait on 6 February.
Wärtsilä obtains DNV GL type approval for SceneScan position system
World’s first laser-based targetless relative DP reference system on LNG bunker tanker Kairos helps to enable safe bunkering at sea.
SEA\LNG shares ‘View from the Bridge’ of LNG marine fuel growth in 2019/2020
Report tracks LNG-fuelled growth in vessel segments and worldwide expansion and development of LNG bunkering infrastructure along key trade lanes.
Sovcomflot committing to LNG as primary fuel for large-capacity oil tankers
‘The company expects all vessels it orders to be using LNG as marine fuel, except where a charterer specifically asks to do otherwise,’ says Igor Tonkovidov.
KNOT awarded long-term charters for two LNG-powered shuttle tankers
KNOT to build two 124,000 dwt LNG-fuelled shuttle tankers at Daewoo Shipping to meet ENI operation requirements in the North Sea.
CMA CGM Group enters GTT service package for LNG-fuelled boxships
The GTT services portfolio facilitates ship-owners’ entry into the world of using LNG as bunker fuel, says company Chairman and CEO.
NYK orders second LNG-fuelled pure car and truck carrier (PCTC) from Japanese shipyard
Order placed with Shin Kurushima Dockyard Co. Ltd. as NYK aims to provide more low emissions transportation options with LNG-fuelled technology.
Port of Antwerp welcomes first ship-to-ship LNG Bunkering operation
Operation carried out by Dutch LNG supplier Titan LNG and is a crucial step towards achieving Antwerp’s goal of being a “Multi Fuel Port”.
DNV GL launches ‘FuelBoss’ - an integrated hub for LNG Bunkering
Platform aims to integrate a growing, but fragmented LNG bunkering market by simplifying daily operations on both supply and demand side.
First STS LNG bunkering operation completed for DEME-owned “Orion” at Rostock
Nauticor’s Kairos successfully supplied next generation offshore installation vessel Orion, the fifth dual fuel vessel in DEME’s fleet, with LNG.
SEA-LNG and SGMF respond to ICCT negative analysis of LNG as marine fuel
Associations not contacted prior to release of ICCT report and need time to review document in depth; but stands behind Thinkstep study.
Japan's first LNG-fuelled vessel “Sakigake” reaches 100th LNG bunkering milestone
LNG bunkering was conducted safely and efficiently from a tank truck at the No. 5 quay of Shinko, Yokohama.
AG&P expands business to include small-scale bunker vessels and LNG-to-power barges
Atlantic Gulf and Pacific are reaching smaller and more scattered customers through its distribution solutions that drive down the delivered cost of LNG.
Greece: EUR 20 million finance agreement signed for construction of new LNG bunker vessel
Greece’s first LNG bunker vessel will be supplied with LNG at Revithoussa LNG terminal and will refuel ships both in Piraeus and other ports in Greece and the wider region.
ICCT analysis points to ‘damning climate indictment of LNG as marine fuel’, says Stand.earth
ICCT report indicates the predominantly-methane-based LNG marine fuel traps 86 times more heat in the atmosphere than the same amount of CO2 over a 20-year time period.
Hyundai’s shop test of dual-fuel engine 11G90ME-GI successfully runs on 100% gas
ME-GI engine features MAN Energy Solutions' new PBIV, which reduces pilot-oil consumption to just 1.5%, approximately half of what was previously required.
Gassum reports increased business as “Coralius” completes 200th STS LNG bunkering op
Coralius’s first bunkering was in September 2017; she reached the 100th bunkering mark in February last year; her 200th delivery was achieved this week, says the company.
LNG-powered “Viking Energy” to undergo ammonia powered fuel cell conversion
Viking Energy will have a large 2MW ammonia fuel cell retrofitted, allowing it to sail solely on the clean fuel for up to 3,000 hours annually.
Probunkers signs LOI with Hyundai for construction of two LNG bunker vessels
‘Hyundai is among the very few yards which can demonstrate experience in the new field of LNG bunker ship design and construction,’ says Probunkers.
Wärtsilä launches LNG Bunkering & Fuel Supply System Simulator to raise training levels
Simulator design is based on Wärtsilä LNGPac and Gas Valve Unit technologies, and in accordance with the STCW requirements demanded by the international code of safety.
Cryostar and KC LNG to upgrade bunkering facility at Antwerp port
Development allows Fluxys, G&V, Titan LNG and Rolande to offer LNG as marine fuel at quay 526/528, where now only truck-to-ship bunkering is taking place.
Port of Rotterdam: LNG bunkering ops up in 2019, to introduce bunker permit by 2021
Three permanent LNG bunker vessels operating in port to date, with further four LNG bunkering specialists owning LNG bunkering licence.
2019 - A good year for LNG as marine fuel, says Wessel Marine
Generated savings for bunker costs (LNG versus MGO) of LNG-retrofitted Wes Amelie was approximately 2.750 EUR per day and almost one million EUR in 2019.
Wärtsilä customises LNG solution for four next-generation short-sea cargo vessels
Wärtsilä develops a customised solution that allow its LNGPac storage and supply system to be installed below deck without compromising the cargo hold space.
Sovcomflot LNG-fuelled tankers start construction at Zvezga shipyard
Rosnefteflot studies possibility of expanding the line of MR class vessels by another three units, it says.
Cosco Shipping Energy upgrades VLCC order to DF LNG-fuelled unit
Firm will pay an additional USD 6 million to Dalian Shipbuilding, with delivery delayed by nine months.
MOL orders two LNG-fuelled ferries from Mitsubishi Shipbuilding
Successive completion and handover for the first of such ferries scheduled from end of 2022 to early 2023.
Kyushu Electric Power to deploy LNG-fuelled large coal carriers
Both vessels, each from NYK and MOL, will receive LNG bunker fuel from a Kyuden subsidiary LNG firm.
Mitsubishi Shipbuilding delivers FGSS for LNG-fuelled PCC
Vessel is currently under construction at the Shin Kurushima Toyohashi Shipbuilding facility at Toyohashi.
Titan LNG conducts first LNG bunkering operation at Port of Brest
LNG fuel supplier delivered bunkers to hopper dredger Scheldt River in a truck-to-ship refuelling operation.
MOL secures BNPP and CEXIM ‘green loan’ to build LNG bunker tanker
18,600 cbm LNG bunkering vessel will operate in northern Europe to supply LNG for Containerships’s vessels.
Pavilion Energy and TMFGS enter 10-year LNG bunkering agreement
Firms to share use of LNG bunker tanker and develop an LNG bunker supply chain in the port of Singapore.
SBBT prototype LNG bunkering vessel assigned for construction
Dual product vessel that will mainly operate in the North-Adriatic Sea is scheduled for delivery in 2020.
Greek Public Gas Corporation issues tender for LNG bunkering vessels
Two LNG bunkering vessels, one for DEPA and one for NAVIGAS, will operate at Piraeus and Limassol port.
CMA CGM Group subsidiary receives fourth box ship powered by LNG
The 1,380 TEU Containerships Arctic will receive 200 mt of LNG via ship-to-ship bunkering at Rotterdam.
PMI Trading responds to Nustar Energy over alleged off-spec bunker fuel supply at Houston
Seeks to enforce either arbitration clause under contract or to dismiss NuStar and TPP respective liability claims, according to documents obtained by Manifold Times.
‘Minimal disruption’ to Singapore bunkering operations despite COVID-19, confirms MPA
‘We are closely monitoring the rapidly developing COVID-2019 situation while remaining committed to working with the bunkering industry to ensure minimal disruption to bunkering operations and services.’
Photo Essay: “Marine Vicky” in multi-agency emergency preparedness exercise at Singapore port
The emergency preparedness exercise involving SCDF, PCG, MPA, and Sinanju was carried out on the LNG dual-fuel bunker tanker at Raffles Anchorage on 17 March, learned Manifold Times.
Singapore bunker players continue Business Continuity Plans in response to COVID-19
Manifold Times checks along the bunker supply chain on how various companies are managing operations after the republic entered DORSCON Orange in response to COVID-19.
Survey: Singapore physical bunker players not as widely hit, despite fall in crude oil prices
Manifold Times checks with industry players on how the recent sharp fall in crude oil prices have affected each node along the marine fuels supply chain in Singapore.
Straits Inter Logistics takes over operation and management of Labuan Liberty Terminal
Contract awarded by Labuan Port Authority complements SIL’s existing businesses of oil trading and bunkering, says SIL spokesman Tan Sri Mohd Bakri Bin Mohd Zinin.