Aligning the LNG business case for ports, shipping operators, and LNG providers
The upcoming ECA standards are coming into force on January 1, 2015 and according to the UK Transport Select Committee, this will trigger an 87% rise in annual fuel bills for the shipping industry. LNG, seen as one of the most economical and environmentally viable fuels, offers the most plausible solution to this. However, industry experts are indicating that the main stream shipping industry is not ready to adopt LNG as a fuel, and that a knowledge build-up of at least 10 to 15 years is needed. As transitions before it, LNG bunkering will require time and careful planning to come into fruition.
Join us for the upcoming 3rd Annual LNG Bunkering Summit where LNG pioneers from ports, ship operators, suppliers, producers and technology providers will gather to discuss the obstacles facing both the shipping and port communities, exploring developments in conversion and new builds along with the physical bunkering infrastructure required to power LNG fueled ships.
[TIMELINE] From Steam To LNG - The History and Evolution Of Global Shipping
Since the dawn of civilisation, international commerce has been carried out by ship. In 2013, approximately 90 per cent of world trade was carried by sea - the most cost-effective way to move goods and raw materials around the world en masse. In this timeline, we chronicle the history of world shipping from the advent of steam propulsion through the diesel age to the coming of the next revolution in the maritime world – liquefied natural gas (LNG).
LNG Bunkering: What's happening in America?
Download the presentation that Keith Meyer, CEO at LNG Central, gave at our European Summit last January. Topics covered include:
- The impact of the shale gas boom
- Overview of the development of fuel demand in the US: Environmentally friendly and economically well suited
- Recent developments in LNG bunkering and the conversion of ship operators
LNG Bunkering: High Flying In Europe But It’s The East That Will Make it Soar
It is estimated that the global sales of bunker fuels will surpass 350 million tonnes in 2013. That’s roughly analogous to the metric tonnage of the entire proven oil reserves of Syria, topping up the world’s marine fleets every year.
For the bigger picture on LNG bunkering click on the button below to download the full report....
Join industry pioneers as they discuss:
- LNG infrastructure within the ports: Learn how key players have assessed project feasibility and plans moving forward in developing LNG infrastructure
- The ship operator's perspective: Grasp the business case for conversion with leading industry case studies and updates on regulatory developments
- Project funding: Hear how ports and ship operators can apply and benefit from available funding programmes
- Developments in North America: Hear from ship operators and suppliers examining movements on the American front in meeting upcoming sulphur emission standards
- Best practices and safety considerations while using LNG as a marine fuel
- The developing global fuel market: Discover how LNG fuel markets are developing across Europe, North America and Asia
- Bunkering technologies: Take in new developments on the bunkering front, from LNG bunkering barges to storage and fueling infrastructure
Who Should Attend?
LNG Bunkering Summit will bring together a full spectrum of organisations, including ports, shipping operators, bunkering companies, oil and gas producers and solution providers. If you are involved in bunkering and marine fuels, this event will provide you with an unparalleled scope of the LNG developments unfolding in the North and Baltic Seas.