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With increasingly demanding environmental standards, many players in the maritime sector are turning towards liquefied natural gas (LNG) as an ecologically-friendly and commercially viable alternative to conventional marine fuel sources, states Oil and Gas iQ on its latest report on LNG and maritime fuels.
As a matter of fact, many of the world’s major maritime hubs are located in emission control areas (ECAs), zones in which stringent limits were implemented to minimiseairborne emissions (SOx, NOx, ODS, VOC)from ships as defined by Annex VI of the 1997 MARPOL Protocol.
Despite the current price of oil, LNG appears to be one of the most promising long-term solution. In 2014, 59 per cent of port participants in Lloyd’s Register’s comprehensive LNG Bunkering Infrastructure Survey indicated that they had specific plans to provision for LNG bunkering. The growing number of existing as well as potential ECAs is projected to further drive the demand for LNG bunkering in the coming years.
In its report, Oil and Gas iQ collects their data and intelligence on the topic, to provide a full picture of the situation. Full report is available here.
If you are interested in LNG and bunkering, the topic will be covered on the 11th of June, during the afternoon session of the third ConferenzaGNL. For further information, full program is available here and registration is possible here.
