130 gas fuelled ships confirmed
Mercator Media’s 2014 Gas Fuelled Ships conference, under the banner of The Motorship, got under way this morning in Stavanger, Norway, with the keynote addresses from a wide variety of important industry figures. Chairman Lars Robert Pedersen, deputy secretary general of BIMCO, gave the welcome address, summarising the last GFS conference. There were various topics coded by red, amber and green symbols. The greens have moved forward following the recent MSC meeting which answered some of the outstanding questions: notably implementation of the IGF code and location of LNG tanks. Anders Mikkelsen, business development leader DNV GL, gave the first keynote speech. He explored the ‘big questions’ of pricing, availability, the risks and opportunities of new low sulphur fuels and the uncertainty of what will happen after the low sulphur limits come in. Despite this, there is a lot of optimism in the industry. The small scale LNG value chain is critical, and users and potential users need to understand how this will work. Engines are not considered a technology risk, though dual fuel has a significantly larger market share in the current order book than pure gas. Tanks are developing fast, though the C type is still dominant. Globally, ...
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