During the 2020 GREEN4SEA Athens Forum, Mr. Panayiotis Mitrou, Global Gas Segment Manager, Lloyd’s Register Marine & Offshore, shared his views on LNG as a fuel, towards 2050 compliance and beyond.
Sleipnir, the world’s most powerful semi-submersible crane vessel owned by Dutch Heerema, received the largest LNG bunkering ever completed, on Thursday. The total amount of LNG delivered was almost 3,300 metric tons.
A consortium led by Swedish Carbon Energy Company Liquid Wind will work on the Power-to-Fuel project, eyeing production of liquid, carbon neutral fuel from captured carbon dioxide (CCU) and green hydrogen (from renewable electricity).
During the coming weeks Stena Bulk will perform a test running on an MR tanker on 100% biofuel. The fuel is the MR1-100 bio-fuel oil, produced from used cooking oil and supplied by GoodFuels in Rotterdam.
Within the Green Maritime Methanol project a new milestone has been achieved, with the successful start of the engine test programme on 100% methanol. New tests are being planned and two important new partners have joined the consortium recently.
Finnish technology group Wärtsilä has initiated combustion trials using ammonia, to help prepare for the use of ammonia as a fuel that can contribute to reducing both the shipping’s and energy sectors’ greenhouse gas emissions.
Rystad Energy estimated that the extra oil coming into the global market from April will be as much as 3 million barrels per day (bpd), while OPEC+ countries are able to add next month 2 million bpd, according to their storage, spare capacity and ramp up capabilities.
IMO has developed an ambitious target to achieve a minimum of 50% reduction in greenhouse gas (GHG) emissions by 2050. However, to keep in line with this target, shipping industry must trust alternative fuels, that will lead it into the decarbonized future.
Titan LNG is continuing operations, despite the COVID-19 pandemic, monitoring the development of the situation, based on plans and guidance related to pandemic preparedness. The company highlights that its top priority is the safety and health of their employees, partners, and clients.
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