LNG also Used as Vessel Fuel?
With worldwide effort to curb air pollution that is worsening day by day,
International Maritime Organization (IMO) has disclosed its plan to strengthen regulation on vessel-emitted sulfur oxides and nitrogen oxides,and decided to tighten sulfur content in fuel from 3.55 to 0.5%, starting in January 2020.
Lately, China too plans to increase vessels fueled by LNG by strengthening its regulation on vessel-emitted gases in its major waters for the purpose of addressing the frequent smog in the country and offering government subsidies for vessels fueled by LNG. As international community pays increasing attention to environment, vessels fueled by LNG are no longer optional but compulsory.
LNG bunkering that supplying fuel to LNG vessels
Increasing international interest in vessels fueled by LNG leads to LNG bunkering.
LNG bunkering refers to a ship supplying fuel to vessels that use LNG as fuel.
As shown in the above video, an LNG bunkering vessel receives LNG from an LNG production facility, moves to an LNG vessel, and supplies LNG in a ship-to-ship transfer.
LNG Bunkering as the New Growth Engine for Natural Gas Industry
With Emission Control Area (ECA) expanding in Europe and the United States among other parts of the world, maritime environmental regulation is set to tighten gradually.
As there is an expectation of ample natural gas reservoirs due to development of shale gas, it is forecast that natural gas prices will steady. Accordingly, interest in LNG bunkering will grow.
KOLBIA works endlessly to makes sure that Korea will activate LNG bunkering industry and will grow into a world-class LNG bunkering hub.