Future Fuel Options
John Kokarakis, VP Engineering, Bureau Veritas presentation during the 2015 GREEN4SEA Forum The tsunami of emission related regulations and the need for environmental friendliness also dictates the utilization of alternate fuels less polluting than HFO. The star player is LNG but not the only player though. Future ships will burn a variety of fuels; hydrogen, synthetic fuels and biofuels will be chosen depending on the characteristic of the ship. Nowadays, we are facing an utterly confusing and conflicting tsunami of fuel regulations. Fuel is the most expensive OPEX item and plays an important role in defining the future of the shipping industry. The drivers for new marine fuels are: regulations, financial considerations and available technology. In the future, there is going to be coexistence of multiple fuels. Be aware that the wrong fuel choice has major impact on commercial performance of the vessel. Pioneer owners may be confronted with unforeseen technical issues costing time and money. However shipping thrives through innovation and technology development. The fact that the charterer pays the fuel removes the motivation from the owners to use alternative fuels. Lack of bunkering facilities and supply chains are barriers for the introduction of new “exotic” fuels. Due to...
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