Energy transformation and climate changes are posing serious challenges to international shipping, which, even though shipping is considered an efficient mode of transport, is under pressure to reduce its emissions, speakers said at the International Marine Intelligent Energy Efficiency Technology Summit 2018 held in Shanghai.
Spain’s energy firm Repsol announced that it has completed its largest LNG bunkering operation using 11 LNG trucks at the port of Cartagena.
The small-scale LNG market is seen as growing market with a lot of potential but also currently stuck in a somewhat chicken and egg scenario.
Europe is set to develop its first shore-to-ship bunkering station for LNG in Germany’s port of Cologne, following the issuance of an official permit for PitPoint.LNG to proceed with civil engineering work.
Babcock Schulte Energy (BSE), a joint venture of Bernhard Schulte Shipmanagement (BSM) and Babcock International Group, is actively seeking long term charter contracts to back the purchase of its second LNG supply vessel following the recent delivery of its first vessel unit.
An improvement in the shipping market resulting a revival of newbuilding orders would see a dramatic increase in the adoption of LNG propulsion, according to SEA\LNG chairman Peter Keller.
Crowley Maritime Corp. announced that it has taken delivery of El Coquí, one of the world’s first combination container/roll on-roll off (con-ro) ships powered by liquefied natural gas (LNG), from shipbuilder VT Halter Marine Inc.
With the deadline for the 0.5% global sulphur cap less than 19 months away and informal poll of shipowners and operators by classification society ABS found that 53% of owners and operators fleets were not ready to meet the regulation.
Leading Greek shipowners see the use of LNG as the future fuel for the shipping industry, but the lack of infrastructure development is holding back adoption.