Asia-Pacific shipping sector majority believes switching to LNG bunker fuel is best option
Australian and the Asia-Pacific region shipping companies believe switching to liquefied natural gas is the preferred solution in meeting the International Maritime Organization’s (IMO) stringent new international emissions standards for marine bunker fuels.
Lloyd’s Register and Shanghai yard to develop dual-fuel bulk carrier with LNG capability
Lloyd’s Register, the UK maritime classification society, has agreed to jointly develop a dual-fuel bulk carrier, including liquefied natural gas-powered capability, with Shanghai Waigaoqiao Shipbuilding Co. of China.
ExxonMobil shipping survey finds IMO fuel compliance route unclear for LNG and options
ExxonMobil, the US major with worldwide volumes from liquefied natural gas production plants in areas such as the Middle East and the Asia-Pacific region, said a shipping industry survey it conducted found that the route to compliance with the International Maritime Organization 2020 global sulphur cap of 0.5 percent is unclear for many vessel operators.
French utility Engie says LNG use as maritime fuel will rise if tougher restrictions approved
French energy group and utility Engie said liquefied natural gas use as a shipping fuel is set to increase rapidly over the next 10 years as tougher restrictions on emissions are being considered at a meeting in London.
