• Follow Us On Our Preferred Social Media Platform:

LR plays ‘key role’ in East Med alternative marine fuel projects

17 Oct 2018

Classification society Lloyd’s Register (LR) Tuesday said it is playing a “key role” in the Poseidon Med II and Elemed projects respectively related to developing liquefied natural gas (LNG) bunkering and cold ironing operations at the East Mediterranean region.

The Poseidon Med II project is a practical roadmap that aims to promote wide adoption of LNG as a safe, environmentally efficient and viable alternative fuel for shipping and to help the East Mediterranean marine transportation propel towards a low carbon future, it notes.

The project, which is co-funded by the European Union, involves three countries: Greece, Italy and Cyprus, six European ports (Piraeus, Patras, Lemesos, Venice, Heraklion, Igoumenitsa) as well as the Revithoussa LNG terminal.

The project brings together top experts from the marine, energy and financial sectors to design an integrated LNG value chain and establish a well-functioning and sustainable LNG market.

The mission of the project is to propose a holistic approach towards LNG bunkering operations, promoting a competitive investment roadmap and setting a flexible regulatory framework for LNG operations.

LR experts undertook extensive groundwork in applying high quality safety analysis tools and methodologies (Hazard Identification & operability studies for ports & vessels’ LNG installations, navigation simulations etc), as well as developing a flexible regulatory framework for LNG bunkering operations in Greece.

Poseidon Med II started in June 2015 and will be completed in December 2020, it has a €53.3 million budget, 50% co-financed by the European Union – Connecting Europe Facility.

The Elemed project, meanwhile, aims to realise the vision of zero emissions, zero noise, zero impact for close to port urban, coastal and insular areas by creating an electrical infrastructure for port and marine applications.

It seeks to setup a common framework for marine electricity and has demonstrated the prospect through the first pilot shore power connection in South Eastern Europe.

The project has a comprehensive plan to make the passenger port of Piraeus more environmentally friendly with 15 shore power and charging connections, and similar activities have also been undertaken for Koper and Limassol Ports.

LR coordinated the project, which started in April 2016 and ended in March 2018.

Published: 17 October, 2018
 

Related News

Featured News

Our Industry Partners

  • argus

PR Newswire