These ports include Singapore, Rotterdam, and the US east coast, according to an analysis of the green LNG bunkering market published by SEA-LNG,
Bio-LNG used in the maritime industry is produced from sustainable biomass feedstocks such as human or agricultural waste. Annual production of biomethane, from which bio-LNG is produced, is currently around 30m tonnes or around 10% of shipping’s total annual energy demand.
Bio-LNG is a practically carbon neutral biofuel and offers a net-zero pathway for owners who have invested in LNG as a marine fuel to cut their emissions.
The current global fleet of 355 LNG-fuelled vessels, excluding LNG carriers, are all capable of using bio-LNG as drop-in fuel without any modification. Bio-LNG can also be transported, stored, and bunkered in ports using the existing LNG infrastructure.
“The fact that bio-LNG is commercially available now and being used as a drop-in marine fuel by operators in Europe, North America and Asia, demonstrates the sustained contribution that the LNG pathway can make to decarbonising our industry, starting today. Climate change is a stock and flow problem, the longer our industry waits to start using low-carbon fuels, the tougher the decarbonisation challenge will be,” said Adi Aggarwal, General Manager of SEA-LNG.
SEA-LNG believes bio-LNG as a marine fuel could be available in sufficient quantity to fully decarbonise approximately 13% of the global shipping fleet in 2050.
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited.
Add Seatrade Maritime News to your Google News feed. |