LNG The Future Fuel For Shipping - Naples Shipping Week€¦ · NAPLES SHIPPING WEEK GREEN SHIPPING SUMMIT 1 July 2016 LNG is not only an environmentally sound solution, but also

NAPLES SHIPPING WEEK GREEN SHIPPING SUMMIT 1° July 2016

Dr. Ing. Giancarlo Coletta IDAL Group Vice President Maintenance Modification Repair Director

LNG The Future Fuel For Shipping LNG The Future Fuel For Shipping

NAPLES SHIPPING WEEK GREEN SHIPPING SUMMIT 1 July 2016

It’s really not understandable why:

- The shipping industry is not moving faster towards the use of LNG

- The shipping industry is not seeing the LNG as an opportunity for the business

LNG as fuel for ships:

- Is commercially viable

- Will address important environmental issues

There is any reason that refrain us to use LNG as Fuel for Ships?



Some Numbers

With use of LNG all SOx emissions are eliminated together with particulate while the NOx and CO2 emissions are reduced by about 80% and 20% respectively .


Some Numbers

547 TEU container vessel (5000 GT) Propulsion power 3960 kW

SOx NOx CO2 Particle emissions

With LNG fuel: 0 31 5 500 0

With low-sulphur HFO (LS380 with 1% sulfur): 50 180 7 250 4

Yearly emissions, tonnes/year

Typical Baltic Sea Cargo Vessel


Net Present Value of costs over 20 years

0

10

20

30

MGO HFO + Scrubber LNG

Mill

ion

USD

•Alternatives to meet the present and future ECA requirements

Low sulphur fuel (0,1% 0,5 % sulphur), install scrubbers, switch to LNG

• LNG saves

45% lower than MGO

22% lower than HFO with scrubber

Ref the DNV Baltic Report


Net Present Value of costs over 10 years

0

10

20

MGO HFO + Scrubber LNG

Mill

ion

USD

•Alternatives to meet the present and future ECA requirements

Low sulphur fuel (0,1% 0,5 % sulphur), install scrubbers, switch to LNG

• LNG saves

35% lower than MGO

12% lower than HFO with scrubber

Ref the DNV Baltic Report


Natural Gas Today sold for 1/3 of oil price in terms of BTU content


LNG is not only an environmentally sound solution, but also economically interesting even at today’s oil prices. During the next few decades Natural Gas (NG) is expected to be the world’s fastest growing major energy source. The driving forces behind this development are the depleting known oil reserves, increasing environmental care and the continuous tightening of emission restrictions. On energy basis, known NG resources even exceed known oil resources by about 150 times. Furthermore, the resources are widely spread around the world.


LNG technology safe and well proven

40 years of LNG tanker operation

Used as marine fuel since 2001, now in more than 50 ships

Ongoing research to further improve technical and economical aspects


LNG Swedish Ferry Under building in China

https://www.google.it/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwjEsJC5sKnNAhXBthQKHQ4SAlIQjRwIBw&url=http://bookit.hogia.fi/news/a-brand-new-lng-ferry-for-destination-gotland&psig=AFQjCNExVP-ExmTJtjkFOBXe5dV70RDI4g&ust=1466057618902254


Which is affected Which will be Affected

https://www.google.it/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwirpY2Q36fNAhUHuxQKHXmRC2MQjRwIBw&url=http://www.informare.it/news/cisco/2015/20150131g.asp?lg=uk&psig=AFQjCNGIJADrLZPn5DNi-b8wgeHNvBy0Xw&ust=1466001451303786


Future Areas – Mediterranean By When ?

Year 2020 BEHIND THE CORNER


Use of LNG as Fuel

A Constraint or a Shipping Industry

Opportunity?


We strongly believe that is an opportunity for all the player of shipping from Ship Owners to Fuel Suppliers, from Ship yards to Ports from short sea vessels to deep sea vessels in short for all the shipping chain and especially for the global European Industry that can be revitalized by the popping out of various project Connected to LNG such as: • New Building of Small Coastal and ship to ship Tanker • Retrofitting • New Building of Refuelling barges • Costal Deposits • Gassification of Berths • LNG Corridors


LNG FUEL INDUSTRIAL CHAIN


1. Port Cities

2. Inhabitants and tourists in Port Cities

3. Ship owners and ship operators

4. Energy suppliers and distributors

5. Ship builders, Ship Repairers and Classification Society

6. European and national bodies

7. The public

STAKEHOLDERS

To Make LNG THE FUEL FOR SHIPS


HAMLET QUESTION

Is LNG The Future Fuel For Shipping

OR

LNG is The Future Of Shipping ?


Thank You

Documents

LNG The Future Fuel For Shipping - Naples Shipping Week€¦ · NAPLES SHIPPING WEEK GREEN SHIPPING SUMMIT 1 July 2016 LNG is not only an environmentally sound solution, but also