IMO has developed an ambitious target to achieve a minimum of 50% reduction in greenhouse gas (GHG) emissions by 2050. However, to keep in line with this target, shipping industry must trust alternative fuels, that will lead it into the decarbonized future.
The 2020 GREEN4SEA Athens Forum successfully concluded on Wednesday 4th of March, at the Lighthouse at Stavros Niarchos Foundation Cultural Center (SNFCC), focusing on the topical green shipping issues and the challenges ahead.
SAFETY4SEA is pleased to announce that World LPG Association (WLPGA) has received the 2020 GREEN4SEA Initiative Award, sponsored by DORIAN LPG MANAGEMENT CORP, at a prestigious award ceremony which successfully concluded on March 3rd at Yacht Club of Greece in Athens, the evening ahead of the 2020 GREEN4SEA Athens Forum.
In light of the coronavirus outbreak, the Chinese liquefied petroleum gas demand is likely to drop by 3% in the following two months, causing cut in the LPG shipments and affecting the freight rates.
ABS recently announced that granted an Approval in Principle (AIP) to Kawasaki Heavy Industries regarding its LPG as fuel system design. Specifically, KHI highlights that its dual-fuel engine is capable of using both marine diesel oil and LPG as fuel, while reduces fuel consumption, following the NOx Tier 3 regulations.
The Abu Dhabi National Oil Company (ADNOC) will test biofuel as a bunkering fuel for ships, in an effort to comply with the 2020 sulphur cap, the chief executive of the company’s logistics and services subsidiary said.
Although the liquefied natural gas is in the top list of shipping’s best alternative to high sulphur fuel oil, liquefied petroleum gas (LPG) has entered into the shipping industry and aims to accommodate itself in the marine fuel market.
Classification society DNV GL has unveiled the new class rules and the class notation ‘Gas Fuelled LPG’ for ships using liquefied petroleum gas (LPG) as fuel with the aims to accommodate the growing industry interest ahead of IMO 2020 and the overall decarbonization of the industry.
Apart from the ambitious target of the 2020 Global Sulphur Cap set by the IMO, shipowners and operators must also take into considerations the greenhouse gas targets for 2030 and the emissions goals for 2050. ABS informs that the regulatory changes set for 2020, as well as those expected for 2030 and 2050, will be “more disruptive than any past environmental regulations.”
The World LPG Association (WLPGA) issued a Guide for LPG Marine Fuel Supply, which is dedicated to the use of LPG in the marine sector and its benefits. The report, presents an overview of key LPG bunkering developments and how this potential infrastructure relates to major global shipping routes.
