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Live from SMM Hamburg

Up to 44% of shipowners considering LNG power for newbuilds

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As many as 44% of shipowners are considering liquefied natural gas (LNG) for propulsion on their newbuildings according to SMM Maritime Industry Report.

LNG is one of the possible ways to comply with the global 0.5% sulphur cap for marine fuel from 1 January 2020.

The IMO has made it clear that there will be no delay to the enforcement of the regulation and secretary-general Kitack Lim has stated: “There is no turning back. The lower sulphur limit will have a significant positive impact on the environment and on human health, especially for people living in port cities and coastal regions.”

The switch to LNG, which will also reduce CO2 emissions, is being considered by up to 44% of owners when they are ordering new vessels an industry report by maritime trade fair SMM 2018 found.

LNG is just one of the options available and owners and managers can also consider fitting scrubbers or using low sulphur fuel. Which makes the best choice for different owners will be discussed at the Global Maritime Environmental Congress (gmec) which is held on 5 September as part of the SMM conference programme.

Speakers on this key topic include Katharine Palmer, Global Sustainability Manager at the classification society Lloyd’s Register, Jan-Olaf Probst, Business Director Container Ships, DNV GL Maritime, and Teus van Beek, General Manager Market Innovation, Wärtsilä Marine Solutions.

Find out more about gmec, the Global Maritime Environmental Congress

On the exhibition floor hall A5, which will be dedicated to the Green Propulsion theme with a special focus on LNG, decision-makers will be able to meet up with experts to get advice and study technical solutions hands-on.