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SAFETY4SEA

DNV GL: What’s next for LNG

by The Editorial Team
March 24, 2016
in Fuels
lng

Credit: DNV GL

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In a presentation at CMA Shipping 2016 in Connecticut Dr. Gerd-Michael Würsig, Business Director LNG fuelled ships at DNV GL — Maritime, looked at some of the current issues in the LNG industry and provided an overview of what DNV GL is doing to support growth in this segment.

“The main drivers, in order of importance, are price, availability, and of course legislation. LNG as a fuel has the potential to become the most important fuel solution for environmentally sustainable shipping over the next few years,” explained Würsig.

In a low cost market with a vast number of liquefaction plants commissioned or under construction, DNV GL expects global LNG production to grow by around 40 percent over the next four years (as compared to figures from 2014). Looking ahead, DNV GL expects the overall use of alternative fuels to increase, including LNG, methanol, and other new fuels produced from natural resources. The challenge will be aligning partners across the industry and regulators around the world.

To set the stage for safe operations a set of LNG rules were developed by DNV GL early on, introducing the first gas fuel rules in 2001 for ferries being built in Norway. “It is clear that operators and owners are looking to regulators and class societies for guidance. Throughout the week, we’ve repeatedly heard that companies are ‘learning as they go.’ DNV GL’s notations on gas fueled ships are the most advanced available and address the global picture,” explained Paal Johansen, DNV GL’s Executive Vice President for Region Americas.

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Currently, there are roughly 160 ships in operation and on order worldwide. “We are very pleased to see the significant growth within the LNG industry in the Americas. Looking at the newbuilding projects, 25 percent confirmed they will operate in American waters, which means this region will be second only to Europe in terms of LNG operations. DNV GL is committed to supporting operators and suppliers and will continue to deliver solutions to drive growth in the market,” Johansen added.

Source: DNV GL Maritime

 

DNV GL: What’s next for LNGDNV GL: What’s next for LNG
DNV GL: What’s next for LNGDNV GL: What’s next for LNG
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