Zeus, commented that accelerating
growth is what you would expect under
these circumstances, but what surprised
the experts was the rate:
Photo: STX Europe
T
om Campbell, LNG-fuel analyst at
“High oil prices, impending emissions regulations and technical advancements are propelling the market faster
than we expected,” Campbell admitted.
A key factor in all of this is International Maritime Organization (IMO) Tier III
emissions standards – which are to take
effect in 2015–2016 – requiring operators to reduce sulphur and nitrogen oxide
emissions. For existing ships, after-exhaust
treatment is proving more popular, but for
newbuilds, operators are taking advantage
of the unique properties provided by LNG.
Campbell believes that as LNG is better understood, architects are able to design ships specifically for LNG storage and
LNG CONQUERS NEW SEAS
tainer vessels while expanding geograph-
propulsion.
Zeus’ survey finds that LNG usage is grow-
ically from Europe to North America and
“Firms such as Wärtsilä now offer in-
ing beyond coastal ferries in Europe and
Asia. Currently projects underway in e.g.
tegrated onboard fuel delivery systems and
offshore service vessels for the oil and gas
Finland, Belgium, Sweden, South Korea,
power units for shipbuilders.”
industry, to large cruise ferries and con-
Singapore and Japan have made efforts
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