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BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
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Report examines LNG as a marine fuel

Topics covered include LNG bunkering in Singapore and developments in Canada.





Updated on 29 Nov 2013 14:33 GMT

Lloyds Register - a maritime classification society and independent risk management organisation providing risk assessment and mitigation services and management systems certification - says the November 2013 edition of its Gas Technology Report, is dedicated to the topic of liquefied natural gas (LNG) as a marine fuel.

Highlights of the report are said to include:

- A look at developments in Canada – a shipowner, the regulator and a shipbuilder talk about gas-fuelled shipping.

- Progress made by the Maritime and Port Authority in Singapore to develop LNG bunkering.

- The CEO of Viking Line talks about the LR-classed Viking Grace.

- Interviews with The Society of International Gas Tanker and Terminal Operators (SIGTTO) and the newly formed Society for Gas as a Marine Fuel (SGMF).

Luis Benito, Global Head of Marketing for Lloyd’s Register, commented: "We hope that this report will help readers build a clearer picture of the realities of being ready to use LNG as a marine fuel. Generally, developments so far reflect our view of a likely trajectory for gas-fuelled investment: take-up is mainly by niche or specialised trades, trades located in emission control areas (ECAs) and point-to-point traders predominantly in ECAs, such as ferries and small containership operators.

"It is exciting to see how fast the marine industry in North America is turning to LNG – few would have predicted this a few years ago. Now it will be interesting to see how quickly gas as fuel will develop in the deep sea trades."

Image: LNG Sokoto, operated by Bonny Gas Transport Ltd.






Related Links:

Plan to develop LNG bunkering terminal in Rotterdam
Washington State Ferries submits LNG conversion proposal
Singapore and Belgium in LNG cooperation agreement
Singapore moves ahead in development of LNG bunkering standards
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