Subscribe to our Mailing Lists (It's free!)
Thursday, March 23, 2023
SAFETY4SEA
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    stowaway

    Spanish authorities arrest stowaway with cocaine

    Fire aboard oil tanker in Portugal

    Fire aboard oil tanker in Portugal

    Derelict tug

    Tug sinks off Seattle’s Ship Canal

    Why sleep and mental health go hand-in-hand

    Why sleep and mental health go hand-in-hand

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    Why sleep and mental health go hand-in-hand

    Why sleep and mental health go hand-in-hand

    Life coaching tips: How to maintain a good work-life balance

    Life coaching tips: How to maintain a good work-life balance

    Wabi sabi

    Wabi Sabi: Imperfection makes perfection at work

    sexual abuse

    Sexual abuse at sea: Where we stand

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    green corridor

    Five industries collaborate for a green corridor between South Africa and Europe

    Stolt Tankers acquires two fuel efficient tankers

    Stolt Tankers acquires two fuel efficient tankers

    Port Arthur LNG

    Port Arthur LNG project launched in Texas

    ABS approves joint industry Carbon Capture System project

    ABS approves joint industry Carbon Capture System project

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    NAPA: Simulation software aids in predicting CII

    NAPA: Simulation software aids in predicting CII

    Canada, UK join forces for R&D digital project on decarbonization

    Canada, UK join forces for R&D digital project on decarbonization

    technology

    How a joined-up approach to technology drives people performance

    New smart project aims to improve maritime logistics

    New smart project aims to improve maritime logistics

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
    australia sea mines

    AMSA imposes 90-day ban on Dutch vessel

    Singapore

    Eco Spark arrested in Singapore

    Liberia

    Liberia: key guidance for machinery space deficiencies

    orange county oil spill fines

    Taiwan’s Wan Hai Lines to pay $950,000 in civil penalties

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Reports
    • Shipping
    • Sustainability
    • Videos
    offshore wind supply chain

    More Norwegian companies invest in offshore wind

    Institute of Chartered Shipbrokers

    Allied Market Research: Marine scrubber market to reach $20.3 billion by 2031

    BIMCO: China’s refinery output rises as exports grow 74%

    BIMCO: China’s refinery output rises as exports grow 74%

    Seatrade Maritime Logistics Middle East set to showcase opportunities in the region’s offshore marine sector

    Seatrade Maritime Logistics Middle East set to showcase opportunities in the region’s offshore marine sector

  • Columns
    WSC: Minimising accidents is at the top of liner shipping’s agenda

    WSC: Minimising accidents is at the top of liner shipping’s agenda

    technology

    How a joined-up approach to technology drives people performance

    SCMA: Maritime arbitration is expected to rise in prominence

    SCMA: Maritime arbitration is expected to rise in prominence

    Trending Tags

    • Career Paths
    • Industry Voices
    • Maripedia
    • Maritime History
    • Resilience
    • Seafarers Stories
    • SeaSense
  • Events
  • Plus
No Result
View All Result
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    stowaway

    Spanish authorities arrest stowaway with cocaine

    Fire aboard oil tanker in Portugal

    Fire aboard oil tanker in Portugal

    Derelict tug

    Tug sinks off Seattle’s Ship Canal

    Why sleep and mental health go hand-in-hand

    Why sleep and mental health go hand-in-hand

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    Why sleep and mental health go hand-in-hand

    Why sleep and mental health go hand-in-hand

    Life coaching tips: How to maintain a good work-life balance

    Life coaching tips: How to maintain a good work-life balance

    Wabi sabi

    Wabi Sabi: Imperfection makes perfection at work

    sexual abuse

    Sexual abuse at sea: Where we stand

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    green corridor

    Five industries collaborate for a green corridor between South Africa and Europe

    Stolt Tankers acquires two fuel efficient tankers

    Stolt Tankers acquires two fuel efficient tankers

    Port Arthur LNG

    Port Arthur LNG project launched in Texas

    ABS approves joint industry Carbon Capture System project

    ABS approves joint industry Carbon Capture System project

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    NAPA: Simulation software aids in predicting CII

    NAPA: Simulation software aids in predicting CII

    Canada, UK join forces for R&D digital project on decarbonization

    Canada, UK join forces for R&D digital project on decarbonization

    technology

    How a joined-up approach to technology drives people performance

    New smart project aims to improve maritime logistics

    New smart project aims to improve maritime logistics

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
    australia sea mines

    AMSA imposes 90-day ban on Dutch vessel

    Singapore

    Eco Spark arrested in Singapore

    Liberia

    Liberia: key guidance for machinery space deficiencies

    orange county oil spill fines

    Taiwan’s Wan Hai Lines to pay $950,000 in civil penalties

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Reports
    • Shipping
    • Sustainability
    • Videos
    offshore wind supply chain

    More Norwegian companies invest in offshore wind

    Institute of Chartered Shipbrokers

    Allied Market Research: Marine scrubber market to reach $20.3 billion by 2031

    BIMCO: China’s refinery output rises as exports grow 74%

    BIMCO: China’s refinery output rises as exports grow 74%

    Seatrade Maritime Logistics Middle East set to showcase opportunities in the region’s offshore marine sector

    Seatrade Maritime Logistics Middle East set to showcase opportunities in the region’s offshore marine sector

  • Columns
    WSC: Minimising accidents is at the top of liner shipping’s agenda

    WSC: Minimising accidents is at the top of liner shipping’s agenda

    technology

    How a joined-up approach to technology drives people performance

    SCMA: Maritime arbitration is expected to rise in prominence

    SCMA: Maritime arbitration is expected to rise in prominence

    Trending Tags

    • Career Paths
    • Industry Voices
    • Maripedia
    • Maritime History
    • Resilience
    • Seafarers Stories
    • SeaSense
  • Events
  • Plus
No Result
View All Result
SAFETY4SEA

SEA-LNG: 2022 a very strong year for LNG vessel orders

by The Editorial Team
January 18, 2023
in Fuels
sea lng

Credit: SEA-LNG

FacebookTwitterEmailLinkedin

SEA-LNG shared its overview of LNG as a marine fuel in 2022-2023, highlighting how the shipping industry has advanced along the LNG pathway to decarbonisation in 2022 and outlines what progress is anticipated in 2023.

The momentum continues

According to the report, 2022 was another very strong year for LNG vessel orders, with numbers almost equalling those in 2021, the record year to date, despite exceptionally high LNG prices.

The growing, multisector orderbook and continuing build-out of infrastructure reflect the recognition from ship owners and fuel suppliers that LNG delivers immediate and important local air quality benefits and GHG compliance today and offers a low-risk, incremental pathway to decarbonisation.

RelatedNews

Allied Market Research: Marine scrubber market to reach $20.3 billion by 2031

Five industries collaborate for a green corridor between South Africa and Europe

The shipping industry is making newbuild investment decisions now that will impact GHG emissions today and for the next 25-30 years, the typical lifetime of a deep-sea vessel.

While regulators and industry are agreed on the net-zero emissions destination, the implications of the pathway are rarely discussed.  The total pathway emissions associated with many of the alternative fuels being discussed may be much higher than those associated with LNG and its bio and synthetic variants.

Waiting is not an option 

As SEA-LNG notes, “there is growing recognition that decarbonisation will not be a “big bang” process where the industry moves in a single step from fossil to zero-emission, renewable fuels.”

In 2023, the commercial availability of bio-LNG will continue to scale up.

As one of the cheapest of the alternative fuels under discussion, bio-LNG offers an immediate next step on the LNG pathway to decarbonisation, and allows owners to transition safely and easily from fossil LNG. This means that vessels ordered today will be able to continue operating within increasingly stringent GHG emissions regulations up to and beyond 2050

Credit: SEA-LNG

Availability and cost of bio-LNG

A study conducted this year by the Maritime Energy and Sustainable Development Centre of Excellence lxi (MESD CoE) at Nanyang Technological University, Singapore (NTU Singapore) explored the role of bio-LNG in shipping’s decarbonisation.

The findings suggest that pure bio-LNG could cover up to 3% of the total energy demand for shipping fuels in 2030 and 13% in 2050. If it is considered as a drop-in fuel blended with fossil LNG, bio-LNG could cover up to 16% and 63% of the total energy demand in 2030 and 2050, respectively, assuming a 20% blending ratio. In the long term, ship owners who have invested in the LNG pathway will need to shift to e-LNG.

Currently, the cost of bio-LNG is around 3-4 times higher compared to the average fossil LNG bunker price. However, the average cost for delivered bio-LNG is forecast to decline by around 30% by 2050 compared to today’s values, mainly driven by the reduced cost of producing biomethane in large-scale anaerobic digestion plants. It is key to note that although the cost of bio-LNG bunkers is relatively high compared to fossil fuels, it is cheaper than most other green alternative fuels such as biomethanol and electro-fuels, including e-ammonia and e-methanol.

The choice of dual-fuel gas vessels powered by LNG for our new ships is part of our commitment to build a zerocarbon future

concluded Xavier Leclercq, Vice-President of CMA SHIPS.

EXPLORE MORE at sea lng’s report

Tags: decarbonizationgreen practicesLNGlng fueled shipsreducing shipping emissionsreportsSEA LNG

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

offshore wind supply chain

More Norwegian companies invest in offshore wind

March 22, 2023
NAPA: Simulation software aids in predicting CII

NAPA: Simulation software aids in predicting CII

March 22, 2023

SEAFiT Poll

What is the biggest obstacle for the social life onboard?

Stay tuned for the results!

MARITIME EVENTS

Explore

  • Safety
  • Green
  • Smart
  • Risk
  • Others
  • Events
  • Plus

Useful Links

  • About
  • Disclaimer
  • Editorial Policies
  • Advertising
  • Contact

RISK4SEA Facts

Did you know which port has the largest Detention Rate in Paris MoU for General Cargo in 2020? Antwerpen, Belgium, had a Detention Rate of 15% on General Cargo in 61 inspections.

Learn more risk4sea.com

© 2021 SAFETY4SEA

No Result
View All Result
  • Safety
    • Alerts
    • Accidents
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Reports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Opinions
    • Career Paths
    • Industry Voices
    • Maripedia
    • Maritime History
    • Seafarers Stories
    • SeaSense
  • Events
  • Plus

© 2021 SAFETY4SEA

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Disclaimer.