Home / Uncategorized / LNG in 2018 – Infrastructure must evolve to meet accelerating demand. – International commentary.


LNG in 2018 – Infrastructure must evolve to meet accelerating demand One of the emerging shipping industry stories of 2017 was the evolution of the market for LNG as a marine fuel, with a significant increase in new projects demonstrating a growing embrace of gas-fuelled shipping throughout the industry. International Shipping News predicts that a major global challenge this year will be meeting the urgent demand for infrastructure brought on by a growing and diversifying fleet. As of November 2017, there were 111 LNG-fuelled vessels on order – a figure that will almost double the current number of vessels, which currently stands at around 120. Sixty-two LNG carriers are also expected to be delivered in 2018, which, if achieved, will be a new annual output record. One of the most significant announcements in this regard was CMA CGM’s decision to order nine LNG-powered ultra-large container ships (ULCSs) – one of the strongest indications yet of confidence in LNG’s potential as a mainstream marine fuel. For an industry confronted with the upcoming 2020 sulphur cap, the expansion of Emission Control Areas, and growing pressure to decarbonise, LNG look likely to play a key role – however it also comes with significant infrastructure challenges. For example, the new CMA CGM vessels will require a bunkering vessel of more than three times the size of the three LNG fuelling vessels currently in service.



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