Aligning the LNG business case for ports, shipping operators, and LNG providers
As 2015 nears, the shipping industry is faced with adhering to strict regulations on sulphur emissions. The Emissions Control Area, comprising the Baltic and North Seas along with the English Channel, will see the fuel sulphur limit fall to just 0.1%. LNG offers one of the most prominent solutions, reducing sulphur oxide, nitrogen oxide and carbon dioxide emissions while being economically feasible.
With ports and ship operators agreeing that LNG is the most plausible solution to meet upcoming sulphur emission standards, the question is who will jump first. The past year has seen crucial developments on both fronts. From July 1st inland shipping can officially bunker with LNG in the Seinehaven, in Rotterdam Botlek, which is a first for Europe.
Recent months have also witnessed an increased global interest from ship operators. In June, contracts for building the first LNG-fuelled ferry for domestic Danish trade were signed, a significant milestone as the ship will be the first LNG-fuelled ferry designed for domestic trade in the European Union. With ports and ship operators making significant progress, it is clear that a unified approach is the way forward.
[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....
Our diverse line up of industry professionals in 2014 addressed:
- LNG infrastructure within the ports: Learn how key players, as Brunsbüttel Ports GmbH and LNG in the Baltic Sea Ports, have assessed project feasibility and plans moving forward in developing LNG infrastructure
- Project funding: Hear from the European Commission TEN-T Executive Agency on how ports and ship operators can apply and benefit from available funding programmes
- Developments in North America: Hear from organisations as LNG America Initiative examining movements on the American front in meeting upcoming sulphur emission standards
- Best practices and safety considerations while using LNG as a marine fuel, hearing from organisations as the newly formed NGO Society for Gas as a Marine Fuel
- The developing fuel market: Discover how LNG fuel markets are developing across Europe, with presentations from Chive UK and Skangass AS
- Bunkering technologies: Take in new developments on the bunkering front with sessions led by organisations as Argos Group
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.