BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News



Gaseous fuels 'the only way forward': MAN CSO

'Infrastructure will follow in due course,' says Wayne Jones.



Image credit: Pixabay CC0


Updated on 17 Oct 2018 15:23 GMT

Gaseous fuels are 'the only way forward' for shipping vessels beyond 2020, according to Wayne Jones, Chief Sales Officer (CSO) and Member of the Executive Board at MAN Energy Solutions.

Speaking at the fourth annual Naftemporiki Shipping Conference, held in Athens on October 3, Jones participated in a panel discussion covering decarbonisation, the latest fuels introduced to the market, and the impact of the upcoming IMO regulations limiting fuel sulphur content to 0.5 percent in 2020.

"From the engine-maker's point of view, one of the biggest challenges is to reach agreement on which fuel to use, one that will meet not only the regulations of today, but those of tomorrow. What will everyone use in the future, or will there be a myriad of fuels? For me, the only way forward is to go with gaseous fuels - and the infrastructure will follow in due course," he remarked.

Discussing the company's suppport for LNG and its October 2017 pledge to convert 10 HFO engines into gas engines as part of its drive to find clean solutions for seaborne trade and transportation, Jones said: "MAN Energy Solutions believes fully in its technology, to the extent that we pledge to subsidise the first 10 shipowners that convert their engines to LNG or a gas-derived fuel - up to a cumulative total of EUR 2 million - because I think someone has to stimulate the industry to think more holistically and long-term."

Jones' remarks tie in with MAN Energy Solutions' belief that it is time for what it calls a 'Maritime Energy Transition' to find clean, decarbonised solutions for seaborne trade and transportation.

Launched in 2016 after COP 21, the Maritime Energy Transition initiative is a call to action to reduce emissions and establish natural gas as the fuel of choice in global shipping. It is also an umbrella covering all MAN Energy Solutions' activities in regard to supporting climate-neutral shipping, including:

- The retrofitting of the 'Wes Amelie' feeder containership's MAN 51/60DF engine to dual-fuel gas operation - the first such conversion of its type in the world;

- The development of MAN Energy Solutions' two-stroke ME-GI/ME-LGI engine portfolio to enable dual-fuel operation on, primarily, natural gas but also on alternative gaseous and liquid fuels such as LNG, methane, ethane, methanol and ethanol;

- The development of synthetic fuels created with renewable energy (i.e. power-to-gas) - another technology the company considers to have great CO2-reduction potential. Here, MAN Energy Solutions is closely collaborating with Germany's Federal Ministry of Economic Affairs and Energy to create a research programme.

Additionally, under the brand MAN Cryo (formerly Cryo AB), purchased in 2015, the company offers systems for the storage, distribution and handling of liquefied gases.






Related Links:

MAN contracted to supply IFO 380 propulsion system for seven Russian trawlers
Germany

Latest News:

NYK develops water-in-oil alarm to avert engine problems
Frontline expects IMO 2020 strategy to yield jump in cash generation: CEO
New Titan tool compares LNG with MGO
Oil and fuel oil hedging market update
Date set for Aegean final basis motions to be heard
Enjoy the sixties while they last
Cargill to pay for Seanergy's scrubber retrofit
IMO 2020 positive for tanker market: Teekay Tankers
Oil and fuel oil hedging market update
Torm performs maiden scrubber retrofit; takes delivery of first newbuild with scrubber
Oil slightly higher on renewed output cut talks
Prexit: Another president leaves PetroChina - Singapore's second-biggest bunker supplier




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio de Janeiro
Rotterdam
Santos
Singapore
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Contact & Terms
Contact Us
Advertise
Terms & Conditions
Privacy Policy
Events
Upcoming Events