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BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
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BW LPG backs LPG bunkering, urges 'robust enforcement' of sulphur cap

LPG shipper stresses that regulations will only work if they are properly policed.



The BW Aires, operated by BW LPG. Image credit: BW LPG


Updated on 02 Mar 2018 13:07 GMT

Singapore-headquartered BW LPG has voiced its commitment to "playing its part" in lowering sulphur oxide emissions within the shipping industry.

In its annual report, released on Thursday, BW LPG said it believes the International Maritime Organization's (IMO) upcoming restriction on the carrying of high-sulphur fuel oil is "long overdue" and that its implementation will lead to a cleaner maritime industry and create a level playing field for all players.

BW LPG did warn, however, that the enforcement of the stricter standards will be vital moving forwards. The company forms part of the Trident Alliance, which is a coalition of ship owners and operators who share a common interest in the "robust enforcement" of maritime sulphur regulation as a means to ensure fair competition.

"[Regulations] only work if they are properly enforced, hence our participation in the Trident Alliance," BW LPG commented.

As the owner-operator of the world's largest LPG transportation fleet, BW LPG said it supports the IMO's suggested regulation through developments on LPG as a marine fuel and through its active participation in the Trident Alliance.

As previously reported, Trident Alliance and the International Bunker Industry Association (IBIA) have also joined forces to voice their "serious concerns about the future enforcement of the global sulphur cap".

BW LPG also outlined the key reasons why it believes the use of LPG as a marine fuel "provides a very strong alternative for the marine bunker industry".

BW LPG asserts that the following reductions are achieved when using propane as bunker fuel compared to marine gas oil (MGO) - assuming 2020 MGO and propane prices of $600 per tonne and $350 per tonne respectively:

Bunker cost: 50%
Consumption: 23%
Carbon dioxide (CO2): 25%
Nitrogen oxide (NOx): 25%
Sulphur oxide (SOx): 92%
Particulate matter: 37%

*Figures by BW LPG

BW LPG also posits that the benefits of LPG as a marine fuel are:

- "LPG has a higher calorific value - allowing a longer range between refill and bunkering".

- "There is an existing highly developed LPG distribution network already in place to support a marine fuel business".

- "[An LPG] dual-fuel engine is now available as a retrofit solution".

- "The supply and forecast of LPG globally for the next few years is very good".

- "LPG burns cleanly in the engine - resulting in less maintenance and longer engine life".

- "LPG is a very clean fuel to store and handle. LPG is stored under pressure and any leak will disperse without creating an environmental mess".

- "LPG emissions are significantly lower compared to other marine fuel sources".

- "LPG is a clean-burning fuel and its use produced virtually no particulate matter or soot".






Related Links:

Norden joins Trident Alliance as bunker buyer warns of 'risk of cheating'
IBIA and Trident Alliance join forces over 'serious' global sulphur cap concerns
Astomos and KPC sign LPG bunkering MoU
Singapore

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