Tag: alternative fuels

India plans promotion of methanol as a shipping fuel instead of diesel, which could help address the problem of pollution in the maritime sector, according to the Union Minister of Shipping and Waterways, Nitin Gadkari, as quoted Monday, speaking at an event at the Indian Institute of Technology, Madras.

The 0.5% sulphur cap is about to become effective globally in less than two years from now, therefore operators need to consider the available options for compliance. In this special column, we have asked global experts to provide feedback on the best fuel option for compliance.

Enterprise Products Partners and Navigator Holdings formed a 50-50 joint venture to create a new ethylene export facility in the US Gulf Coast that will have the capacity to export approximately 1 million tons of ethylene per year. Refrigerated storage for 30,000 tons of ethylene will be installed on-site, making possible the loading of ethylene at rates of 1,000 tons per hour.

The World LPG Association (WLPGA) has issued the “LPG for Marine Engines - The Marine Alternative Fuel” report, dedicated to the use of LPG in the marine sector and its benefits. 

HHI wants to lead the eco-friendly ship market, by ordering numerous LNG carriers. Namely, Hyundai Mipo Dockyard won an order for a 50,000-ton LNG bulk carrier in 2016, while Hyundai Samho Heavy Industries will build six units of the world's first LNG-powered VLCC.

The second meeting of the Global Industry Alliance Task Force – a partnership of key maritime stakeholders pursuing low carbon shipping – took place at IMO Headquarters, gathering 20 industry representatives from across 16 member companies to discuss how to make further progress on on-going GIA-funded activities.

The Port of Barcelona announced that the first vessel has connected to an LNG-fueled engine at its port. This is part of Port of Barcelona's attempt to reduce shipping emissions in the port, by replacing the operation of the vessel's auxiliary engines.

South Korea will sign an agreement with the state-run Korea Gas Corp., local shipbuilders and provincial port authorities to initiate a project. which aims to to build 80,000-ton LNG-propelled vessels by the end of 2018. With these orders, South Korea attempts to further promote green shipping and enhance the industry.

The German Ministry of Transport and Digital Infrastructure released an announcement in which it calls any German companies seeking to switch to LNG as a marine fuel to submit their applications until February 28, 2018.

Marine bunker suppliers should anticipate that there may no longer be significant demand for fossil fuels from shipping within as little as 25 years, if not sooner, and that the sector is now on an inevitable trajectory towards a future of zero CO2 emissions, ICS noted.