SEA-LNG outlines year ahead for LNG shipping in 2021 & the fundamental binary decarbonisation choice facing owners

SEA-LNG outlines year ahead for LNG shipping in 2021 & the fundamental binary decarbonisation choice facing owners

Peter Keller

London, 02 February 2021 – Peter Keller, Chairman of SEA-LNG, the multi-sector industry coalition advocating for LNG as a marine fuel throughout the entire value chain, has outlined the fundamental binary choice facing newbuilds in 2021, as decarbonisation forces a choice between using LNG now, or retrofitting later.

The report outlines how LNG as a marine fuel has moved...

https://allaboutshipping.co.uk/2021/02/02/sea-lng-outlines-year-ahead-for-lng-shipping-in-2021-the-fundamental-binary-decarbonisation-choice-facing-owners/

Among Piers: Cranes land in South Carolina

The arrival of the South Carolina Ports Authority’s 15 hybrid rubber-tired gantry cranes served as a big sign that the first phase of the Hugh K. Leatherman Terminal is nearing completion.

The RTG cranes arrived in North Charleston on Dec. 11 in a record-setting shipment for Shanghai-based manufacturer ZPMC. It was the most RTG cranes ever loaded by ZPMC onto one vessel bound for the United States.

The 15 cranes join four that arrived last month. Six more are set to arrive early in 2021, bringing...

https://s29755.pcdn.co/news/among-piers-cranes-land-in-south-carolina

Hapag-Lloyd goes greener with $1bn investment in six LNG box ships

Hapag-Lloyd has finalised an order for six 23,500+ teu dual-fuel LNG-powered vessels, to be delivered between April and December 2023.
The ULCVs, which can also run on conventional bunkers, will be constructed at South Korea’s DSME shipyard at a cost of some $1bn.
They will, says the carrier, will be deployed on THE Alliance’s Asia to Europe service.
Hapag-Lloyd CEO Rolf Habben Jansen said: “With the investment in six ultra-large container vessels we will …

The post Hapag-Lloyd goes greener with...

https://theloadstar.com/hapag-lloyd-goes-greener-with-1bn-investment-in-six-lng-box-ships/

LNG Averages 7 Extra Years Additional Competitive Advantage for Poseidon Principle Loans

LNG Averages 7 Extra Years Additional Competitive Advantage for Poseidon Principle Loans

SEA-LNG Coalition committee work demonstrates the long-term competitive advantage of LNG as a marine fuel for owners seeking preferable lower-cost finance through the Poseidon Principles.

LONDON, 30 OCTOBER 2020 – New analysis from SEA-LNG demonstrates how ship assets opting for LNG can benefit for up to eight years of emissions compliance for preferable asset financing versus conventional vessel fuels like...

https://www.allaboutshipping.co.uk/2020/10/30/lng-averages-7-extra-years-additional-competitive-advantage-for-poseidon-principle-loans/

LNG Dual Fuel Technology Hurdles Mostly Crossed, Says SEA-LNG Chairman

  • LNG is adaptable for all deep-sea fleetsand pricing is competitive.
  • Singapore-based licensed LNG bunker supplier FueLNG held a virtual naming ceremony for Singapore’s first LNG bunker vessel — FueLNG Bellina.
  • Other countries in Asia such as South Korea, Japan, and China are providing the push to cleaner fuels such as LNG.
  • The IMO is aiming to cut the shipping industry’s total GHG output by at least 50% by 2050 and to reduce CO2 emissions per transport work by at least 40% by 2030.
  • The issue...

https://mfame.guru/lng-dual-fuel-technology-hurdles-mostly-crossed-says-sea-lng-chairman/

Studies Highlight LBM and LSM As Viable Bunker Fuel

  • SEA-LNG released the latest in its series of independently conducted reports.
  • It analyses the availability and costs of Liquefied Bio Methane (LBM) and Liquefied Synthetic Methane (LSM).
  • They are available in sufficient quantities to make a contribution towards future decarbonization.
  • Costs need not be significantly higher than those of other low- and zero-carbon fuels.
  • They are commercially competitive relative to other low- and zero-carbon fuels.

According to an article published in...

https://mfame.guru/studies-highlight-lbm-and-lsm-as-viable-bunker-fuel/

Port of Long Beach joins LNG coalition

SEA-LNG, a multi-sector industry coalition that drives global adoption of marine LNG, welcomes the Port of Long Beach (POLB), the United States’ second busiest container port, to its membership.

POLB is the third North American port to join the coalition and brings SEA-LNG’s count of port members to a total of seven among the top twenty global ports.

Peter Keller, chairman of SEA-LNG, said, “Ports are critical links in the bunker supply chain and we are excited that the Port of Long Beach has...

https://container-news.com/port-of-long-beach-joins-lng-coalition/

SEA-LNG Highlights Commercial Benefits Of LNG As Marine Fuel

Strong Roi For Lng Fuelled Ore Carrier

Global multi-sector industry coalition SEA-LNG announced the results of its latest independent investment study, which highlights the commercial benefits of LNG as a marine fuel for a newbuild 210K DWT Ore Carrier sailing from Australia to China.

The study illustrates strong returns on investment for LNG as a marine fuel on a Net Present Value (NPV) basis over a conservative 10-year horizon. The modeling analysis is bolstered by compelling payback periods of two to four years for the newbuild...

https://www.marineinsight.com/shipping-news/sea-lng-highlights-commercial-benefits-of-lng-as-marine-fuel/