Japanese firms Uyeno Transtech, Sumitomo Corporation, and Yokohama-Kawasaki International Port Corporation (YKIP) on Thursday (29 March) entered into a joint study on ship-to-ship liquefied natural gas (LNG) bunkering at Tokyo Bay.
Uyeno Transtech aims to promote the use of LNG as a next-generation alternative fuel for maritime transport; Sumitomo Corporation is looking at building an industrial platform for procuring and supplying LNG to complement its conventional shipping fuel supply operations; YKIP intends to set up a LNG bunkering hub in Tokyo Bay, centred on Yokohama Port.
The development will be open to possible participation via business ventures by LNG-related companies.
“Expectations are high worldwide that it will serve as a more eco-friendly alternative fuel able to comply with tighter global cap on sulphur emissions from international shipping due to go into effect in 2020,” says Sumitomo Corporation.
“It is even forecast that about one-fourth of the world’s ship fuel use will be switched over to LNG by 2030, producing a global rise in the demand for LNG fuel.
“At the same time, inadequate LNG bunkering infrastructure is among the reasons that Japan and the rest of Asia lag far behind such leading regions as Europe and the US in widely adopting LNG as marine fuel.”
Published: 2 April, 2018
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