Page 26: of Maritime Reporter Magazine (May 2022)

FUTURE FUELS we expect it to increase very signi? cantly.” mary or dual companion fuel.

The sum of ships able to use LNG, LPG or methanol is Shell LNG alone, with 50 LNG carriers chartered, has 700 anyone’s guess, as their fuel type when built is unknown and ship-to-shp bunkering operations available to serve the 250 because, Chryssakis says, “These are all dual-fuel vessels, so LNG vessels of size in operation and the 400 LNG vessels on they can run on fuel-oil and they can run on LNG.” order through to 2028. Already 30% of new vessel orders are

When LNG prices are high, as now, vessels could switch to said to be LNG-fuelled. Half, Shell says, are cruise liners, a

HFO or MGO because they can. third container ships and new car carriers “almost exclusively “LNG will offer them bene? ts in terms of carbon-emissions, LNG-powered”. so they will keep getting better carbon-intensity ratings from the IMO,” Chryssakis says. Methanol (CH3OH) “So, from 2023 (a ship’s ? rst CII), they will have a differ- As 2021 ran its course, Class began seeing “increased in- ent incentive for running LNG (as from 2024 they need to terest in methanol,” and OEMs began looking at its energy show a 5% improvement over 2019 levels and 2% each year density of 36,700 MJ/m3, a close MGO match to 2026 to meet the IMO’s carbon target). Many of these ves- Engine maker MAN is working on a number of engine sels were ordered in the last two years and they have not been types, and 2023 should see one that can run on methanol or built yet. They’re being built as we speak. They’ll arrive this diesel. Company exec, Thomas Hanssen, says 2021 saw “a year, next year and in 2024, and that’s when we expect The massive order uptake of ships not using bunker as fuel”, or

Year of LNG.” at least not as an only fuel. He says dual-fuel has come to

By 2025, DNV sees the LNG bunkering market rising to stay “for all segments,” especially for powering smaller-bore about 6 million tonnes per annum, or about 3% of the marine gen sets and supplying electricity to avoid the dreaded “black fuel market. Ships are being ordered with LNG as their pri- ship at 2 a.m.”.

Courtesy BW LPG 26 Maritime Reporter & Engineering News • May 2022

MR #5 (18-33).indd 26 5/3/2022 9:14:28 AM