LNG as fuel is now a proven and available solution. While conventional oil-based fuels will remain the main fuel option for most existing vessels in the near future, the commercial opportunities of LNG are interesting for many newbuild and conversion projects. But taking the leap to LNG can only be made on the basis of the best possible information and a thorough analysis of your needs, both today and in the future.
DNV GL’s new report has been developed to assist in the working with all the relevant factors that come into play, based on DNV GL’s experience with this young technology in newbuilding, conversion projects and advisory services related to the design, construction and operation of LNG-fuelled vessels.
The number of ships using LNG as fuel is increasing fast and more and more infrastructure projects are planned or proposed along the main shipping lanes. 50 LNG-fuelled ships (excluding LNG carriers) already operate worldwide, while another 69 newbuildings are confirmed (as of September 2014). In line with this dynamic development, DNV GL expects LNG to grow even more rapidly over the next five to ten years. The uptake of LNG as a ship fuel will continue to advance as we head toward 2020, and we firmly believe that we will reach the number of 1,000 non-LNG carrier vessels running on LNG in 2020 or shortly thereafter. At the same time, LNG is commercially attractive and available worldwide in quantities able to meet the fuel demand of shipping in the coming decades.
The new report provides extensive information on the most important topics in the sector, including:
- LNG today and tomorrow
- Alternative fuels for shipping
- LNG – The right option?
- LNG as fuel on a newbuild MR Tanker
- Retrofitting cruise ships to LNG by elongation
- LNG fuel tank concept for large vessels
- Innovating for safer and sustainable shipping
- Gas as ship fuel
- 2014 – Status for LNG as ship fuel
- Making sense of LNG containment system innovations
- Engines for gas-fuelled ships
- LNG in the US
You can read the report by clicking on the image below:
Source and Image Credit: DNV GL
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