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LNG Bunkering

Drewry: More LNG projects needed to support LNG bunkering

A 10% adoption rate for LNG as marine fuel ‘will push demand beyond expected supply’ in 2022.

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There could be a lack of liquefied natural gas (LNG) supply if 10% of the world’s fleet adopt the material as a bunker fuel, says a recent report from maritime advisory Drewry Shipping Consultants.

“The next big question is whether shipowners will order enough vessels, and whether there will be enough LNG to cope with demand if they do,” says the report LNG: fuel of the future?

The firm created a quantitative model to estimate total demand generated by LNG as bunker fuel from major segments such as dry bulk, tankers and containers in 2022; the model also assumed some large vessels in the segments with age below 15 years retrofitting LNG engines.

“We have made three scenarios, low case assuming 5% of the identified fleet retrofits LNG engines, base case assumes 10%, and high case presumes 15% of the total fleet,” it finds.

“Adding the confirmed new LNG projects to the current capacity in the market, we estimate that annual supply will be about 72 million tonnes by 2022.

“Demand is lagging behind that figure, but the high case (15% of vessels retrofitting) will add an extra 10 million tonnes demand in 2022, and even the 10% base case will push demand beyond expected supply.

“More LNG projects will need to come on-line and more bunkering facilities will need to be completed in a short period of time if the industry is to cope with demand for LNG bunkering.”

The report, meanwhile, notes the use of low sulphur marine gas oil (LS MGO) to be a “less problematic” solution for shipowners to meet the 0.5% sulphur cap by 2020.

Further, it appears that an International Maritime Organization (IMO) appointed consultant has reported that fears of a possible distillate shortage have been exaggerated.

“But even if the IMO is right, Drewry reckons that about a million barrels a day will be needed, so operators will have to pay a premium in the early years.”

Photo credit: Drewry Shipping Consultants
Published: 2 May, 2018

 

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LNG Bunkering

Peninsula supplies LNG bunker fuel to EPS crude oil tanker “Starway”

Peninsula’s LNG bunker vessel “Levante LNG” supplied “Starway” with approximately 3,500 cubic metres of LNG on 29 to 30 November at the Gibraltar Port’s Western Anchorage.

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Peninsula supplies LNG bunker fuel to EPS crude oil tanker “Starway”

Marine fuel supplier Peninsula on Thursday (7 December) said it has successfully completed the supply of liquefied natural gas (LNG) as a marine fuel to Singapore-based, Eastern Pacific Shipping Pte. Ltd.'s (EPS) Suezmax crude oil tanker Starway.

Peninsula’s Levante LNG, the company’s first purpose built 12,500m3 LNG bunker vessel, supplied Starway with approximately 3,500 cubic metres of LNG on 29 to 30 November at the Gibraltar Port’s Western Anchorage. 

Nacho de Miguel, Peninsula’s Head of Alternative Fuels & Sustainability, said: “EPS vessels like the Starway and her sister, the Greenway, the world’s first LNG fuelled Suezmax tanker, are paving the way for a lower carbon future. Through our investment in assets like the Levante LNG we can close the supply chain loop to give these vessels access to lower-carbon fuels in the world’s leading ports. I want to thank EPS for partnering with Peninsula to help power them towards a more sustainable future.”

Capt. Suraj Sundaresan, General Manager, Operations at EPS, said: “Peninsula bridges shipowners like us who are at the forefront of the industry’s energy transition, and Ports who are evolving to host alternative-fuel powered vessels. Our vision to lower emissions is mirrored in Peninsula’s desire to provide lower carbon options today. The availability of low-carbon fuel supply is incredibly important. As the demand for alternative fuels towards decarbonisation increases, we rely on suppliers like Peninsula to help keep our state-of-the-art alternative-fuelled ships moving.”

Photo credit: Peninsula
Published: 8 December, 2023

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LNG Bunkering

DNV awards AiP to China Merchants Jinling Shipyard for world’s largest PCTC design

DNV has awarded an Approval in Principle certificate to China Merchants Jinling Shipyard (Nanjing) for its 11,000-CEU capacity LNG-fuelled PCTC design at Marintec China trade fair.

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DNV awards AiP to China Merchants Jinling Shipyard for world’s largest PCTC design

Classification society DNV on Wednesday (6 December) said it has awarded an Approval in Principle (AiP) certificate to China Merchants Jinling Shipyard (Nanjing) Co., Ltd. for its 11,000-CEU capacity LNG-fuelled pure car and truck carrier (PCTC) design at the Marintec China trade fair. 

Recognized as the world's largest PCTC, the 234m long and 40m wide ship will have 14 decks allowing 11,000 car equivalent units (CEUs) to be stored simultaneously, which not only increases efficiency but also reduces the transport cost per vehicle.

By implementing a combination of decarbonization measures, the so-called “Super Large Smart Green 11,000” design will result in a significant reduction in carbon emissions, in line with the stringent requirements of the Energy Efficiency Design Index (EEDI) Phase 3 and NOx Tier III. The PCTC will use LNG as its primary fuel and will be equipped with a 4,200cbm LNG storage tank.

With the assistance of ship designer Deltamarin, the hull line of the vessel has been optimised through numerous CFD calculations and ship model tests. Additional energy-saving features include a stern flow optimization device and an air lubrication system, which effectively minimise resistance and reduce the required propulsion power. The integration of hybrid propulsion systems and solar power further underlines the commitment to reducing energy consumption.

"We expect the market for electric vehicles to continue to grow, driving demand for PCTCs. Scale, energy efficiency and low carbon fuel are key to reducing emissions from the transport of these vessels. As a leading class for car carriers, DNV is honoured to be entrusted with the assessment of this next generation of car carriers and we look forward to working with China Merchants to bring these vessels to the water," said Norbert Kray, Regional Manager Greater China at DNV Maritime.

According to China Merchants, the shipyard is already in discussions with potential customers for the 11,000 CEU PCTC.

Photo credit: DNV
Published: 7 December, 2023

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Alternative Fuels

China: ClassNK AiP issued to SDARI for three vehicle carrier designs with alternative fuel propulsion

ClassNK has issued AiPs for ammonia ready, methanol dual fuel and ammonia dual fuel vehicle carriers which were developed by Shanghai Merchant Ship Design & Research Institute.

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China: ClassNK AiP issued to SDARI for three vehicle carrier designs with alternative fuel propulsion

Classification society ClassNK on Wednesday (6 December) said it has issued Approvals in Principle (AiPs) for three vehicle carrier designs developed by Shanghai Merchant Ship Design & Research Institute (SDARI) at Marintec China 2023.

The first AiP acknowledged an ammonia ready, LNG dual-fuel vehicle carrier with a capacity of 7,000 CEU, a significant first in China’s independently developed design. SDARI integrated the GTT MARK III Flex containment system for LNG and ammonia fuel storage to maximise the cargo capacity efficiently.

ClassNK also granted AiPs for both methanol dual-fuel and ammonia dual-fuel vehicle carriers, each with a capacity of 10,000 CEU, which is envisioned to lead the development of ultra-large vehicle carriers.

‘SDARI has created these three models exemplify the new generation of green vehicle carriers, adaptable to various alternative fuel options and catering to future market demands,” ClassNK said in a statement. 

“ClassNK has engaged in SDARI’s development projects, and carried out its review in accordance with the relevant standards, including its latest structural rules Part C and Guidelines for Ships Using Alternative Fuels.”

“Marking the AiPs as the milestone, ClassNK is committed to further providing expertise to assist the design firm’s initiative in expanding the industry’s pathway for the transition to decarbonisation.”

Photo credit: ClassNK
Published: 7 December, 2023

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