With increasingly demanding environmental standards, it is clear why so many players in the maritime sector are turning towards liquefied natural gas (LNG) as an ecologically-friendly and commercially viable alternative to conventional marine fuel sources.
Many of the world’s major maritime hubs are located in emission control areas (ECAs), zones in which stringent limits were implemented to minimiseairborne emissions (SOx, NOx, ODS, VOC)from ships as defined by Annex VI of the 1997 MARPOL Protocol.
Despite the current price of oil, LNG appears to be the most promising long-term solution. In 2014, 59 per cent of port participants in Lloyd’s Register’s comprehensive LNG Bunkering Infrastructure Survey indicated that they had specific plans to provision for LNG bunkering.
The growing number of existing as well as potential ECAs is projected to further drive the demand for LNG bunkering in the coming years.
In this e-book compendium, we pull together LNG bunkering intelligence from across the Oil & Gas IQ archives and package them for you in one handy download.