The briefing on clean shipping
The news, views and numbers you need to know this month
News in numbers
2,000 - 2,500
The number of scrubbers estimated to be fitted on ships across the world before the 2020 sulphur deadline comes into force
50%
In May, the IMO announced the shipping industry must halve its carbon emissions by 2050. An ambitious but achievable target.
140
The number of LNG powered newbuildings on order. Shipping lines are increasingly looking to cleaner fuels ahead of the 2020 sulphur deadline.
$200m
LNG newbuilding prices are expected to climb back above this level within the next 12 months.
98%
Alfa Laval PureSOx scrubbers have been proven to remover more than 98% of the SOx content in exhaust gas, as well as up to 80% of the particular matter.
In quotes
Violeta Bulc, European Commissioner for Transport, on the impact of the global sulphur cap:
Electrification – maybe that’s a black swan. Maybe by 2050 we will have found a way to include decarbonized electricity within the maritime sector. That would be transformational.
Tohru Kitamura, executive vice president of Mitsubishi Shipbuilding Company, on environmental consciousness in Japan:
There is an increasing environmental consciousness in Japan as a result of the looming 2020 deadline and several owners will decide to apply our own scrubber system, others will select the low sulphur fuel system and moreover in Japan there are many kinds of small cargo vessels with small gross tonnage and those owners have not yet decided.
Steven Zhang, head of repair and conversion at COSCO Shipping, on switching the company’s vessels to LNG:
LNG is the future and it is a big part of China’s environmental policy… We are researching how to retrofit the main engine with LNG tanks and are investing in a partnership with GTT, a French LNG solution provider.
Electrification – maybe that’s a black swan. Maybe by 2050 we will have found a way to include decarbonized electricity within the maritime sector. That would be transformational.
Top stories
NSW Ports has become Australia’s first port organisation to plan to introduce an environmental incentive to shipping. Effective from 1 January 2019, it will apply to vessels that perform better in reducing their emissions than the levels required by current IMO emission standards. Similar incentives exist at 53 ports globally, including the Port of Rotterdam.
Source: The Maritime Executive
FueLNG, a joint venture between Keppel Offshore & Marine and Shell Eastern Petroleum, has placed an order with Keppel Singmarine to build the first LNG bunkering vessel in Southeast Asia. The vessel will enable ship-to-ship LNG bunkering services within the Port of Singapore, and is capable of running on both LNG and marine diesel oil.
Source: Platts
I-Tech AB has become the latest member of non-profit organisation the Clean Shipping Index (CSI). Through its membership, I-Tech will encourage environmentally responsible decisions around antifouling coating procurement to users of CSI’s holistic labelling system, which ranks the environmental performance of ships.
Source: Dry Bulk
The International Chamber of Shipping (ICS) has said that new zero-carbon propulsion technology will be needed to meet IMO targets for CO2 reduction, and suggested that “pure research into new propulsion systems [must] be facilitated by governments.” Shipping emissions should be addressed through technical measures, not market-based measures such as carbon pricing, the ICS said.
Source: World Maritime News
MSC Cruises has ordered a new cruise ship, which will be equipped with a new generation of dual-fuel engines designed to run on LNG. The new Meraviglia class vessel is due to be delivered in 2023, and will help the cruise line to further reduce its environmental footprint by bringing cutting-edge clean fuel technology to the market.
Source: Cruise Trade News
