Classification society DNV GL on Thursday (2 April) reported that Knut Ørbeck-Nilssen, DNV GL Maritime CEO gave a keynote address with a focus on alternative bunker fuel options at Capital Link’s 14th Annual International Shipping Forum that was held digitally on Monday (30 March).
As part of his address, Ørbeck-Nilssen spoke of the importance of maintaining focus on the major transformations shaping the maritime world beyond the current health crisis, namely increasingly unpredictable markets, shifting environmental regulations, and the impact of digitalisation.
He highlighted the urgency for the shipping industry to uptake alternative bunker fuels that are readily available to achieve the IMO’s 2050 targets for the reduction of greenhouse gas emissions.
“When it comes to fuels, it is important to act now and not wait for the ‘perfect’ fuel,” said Ørbeck-Nilssen.
“While the size of a vessel, it’s operating profile, and type of cargo, are all factors that need to be taken into consideration when evaluating potential fuel alternatives for a particular vessel, DNV GL sees gas as the first large scale alternative fuel to initiate the needed change and also serve as a bridging fuel into the more distant future.
“Gas is readily available today and can deliver measurable GHG reductions of 15-20%.”
Photo credit: DNV GL
Published: 3 April, 2020
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