120 likes | 265 Vues
Winds of change in Shipping « Changing role of LNG ». Anuj Chopra 19 February 2014 . About RightShip. Independent company formed in Oct 2001 Melbourne , London & Houston 230+ Customers globally Ship Vetting & Risk Management Petroleum & Dry Cargo Vetting Service
E N D
Winds of change in Shipping « Changing role of LNG » Anuj Chopra 19 February 2014
About RightShip • Independent company formed in Oct 2001 • Melbourne, London & Houston • 230+ Customers globally • Ship Vetting & Risk Management • Petroleum & Dry Cargo Vetting Service • Environmental Rating & CO2 Benchmarking • Largest Providerof Third Party Vetting Services • Global leader in Hosted Petroleum Vetting Solutions • Worldwide dedicated vetting specialists • Former serving Masters and ChiefEngineers • Award winning proven system • ISO9001 & • ISO27001 Certified
LNG as Fuel What are the Drivers? • Price • Green House Gases • SOx / NOx / PM • Environmental activism • Regulatory • Is Society demanding it!
LNG as Fuel – G H G ICCT White Paper – May 2013
LNG as Fuel - Economics ICCT White Paper – May 2013
LNG as Fuel • Inherent advantage of releasing less carbon per unit of energy • No NOx / SOx / PM • What is the “Gross Carbon Footprint” - Supply chain • Best Practices can result in 12% to 27% ↓ reduction in GHG • Fuel Cost may be 25% – 40% ↓lower compared with 1.0% Sulphur • Fuel Cost may be 35% – 50%↓lower compared with 0.1% Sulphur • LNG to Oil – price is decoupled • Regulatoryuncertainty! • Estimates: • 29 ~ 45 ships using LNG as fuel (83 in operation or order) • Projected 3200 vessels on LNG as fuel by 2025
Achieving Sustainability in Vessel Selection Energy Efficiency DesignIndex Energy Efficiency Operational Indicator Existing Vessel Design Index Green House Gas Emissions Rating
LNG as Fuel - Challenges • Onboardstorage & bunkering • Mitigation strategies for LNG Bunker spills • Bunker Capacity issue – trading range • Dual fuel – dual S O P for crew (OBOs ???) • Presently focused on smaller ships in restricted trade • Smaller crew • Crew Training – operation & contingency • Bunker availability • Anchorage lay-ups & Slow Steaming . . .
LNG as Fuel - Challenges We need to make the extra effort to do this right!
Thank you! Email: anuj.chopra@rightship.com