• Follow Us On Our Preferred Social Media Platform:

LNG should be given recognition as a credible lower-carbon bunker fuel, says Titan LNG

25 Oct 2021

Commercial Director Marine at Titan LNG B.V. Michael Schaap on Friday (22 October) shared his insights on a social media platform highlighting LNG as a bunker fuel needs to be given the recognition it needs: 

It is great to see nine companies, including Amazon IKEA and Unilever committing to zero GHG emissions by 2040, as reported by Harry Dempsey of the Financial Times. However, explicitly ruling out ships that run on liquefied natural gas (LNG) is incredibly short-sighted. 

The blindness surrounding shipping’s pathway to decarbonisation via LNG, bioLNG and in the longer-term hydrogen-derived (synthetic) LNG is alarming. We know that LNG is not the end game, but it is the best starting point available today, which enables us to start reducing GHG as well as local emissions now. 

Companies such as CMA CGM understand this. And let’s set the record straight CMA CGM and A.P. Moller Maersk are at the same stage; CMA CGM is opting for LNG and Maersk is opting for methanol – neither of them are currently zero carbon fuels. Both rely on sufficient renewable energy sources to come online and enable the production of their hydrogen-derived, green cousins. 

However, companies such as CMA CGM recognise that LNG reduces GHG and local emissions today and that the second stage in LNG’s pathway to a carbon-neutral future is bioLNG – a liquid biogas made by processing organic waste flows that are available in abundance and fit into the circular economy. 

The result is a fuel that is not just net zero in GHG emissions, it also has the potential to be net negative. and can be dropped in a blended with conventional LNG right now to further reduce emissions.

It is time for the UCL Energy InstituteTristan Smith and Dr Nishatabbas Rehmatulla to stop blocking the pathway of LNG as a fuel without proper justification. To meet shipping’s decarbonisation targets we need all potential options on the table. The container segment is just one of many in the global shipping industry and they will need choices. 

The benefit of LNG is that the infrastructure already exists and continues to build out globally, at pace. Both bioLNG and synthetic LNG use the same infrastructure and engine technology, whereas alternatives including ammonia, methanol and hydrogen are many years and billions of dollars of investment -away from being proven safe, scalable and available.

We can all agree that we must act now on climate change. It’s time that LNG is given the recognition that it deserves as a credible lower-carbon marine fuel with a clear, practical, and safe pathway to the carbon-neutral future we’re all striving towards.

 

Photo credit: Titan LNG
Published: 25 October, 2021

Related News

Featured News

Our Industry Partners

  • argus

PR Newswire