The future of LNG fuelled shipping Bartlomiej Z. Kolosowski€¦ · 2019 RoPax Brittany Ferries 2019 RoPax Baleària 2019 RoPax Baleària 2019 Oil/chemical tanker Rosneft 2020 Oil/chemical

Small Scale to large MarketStrategies & Technologies towards the Mediterranean Area

The future of LNG fuelled shipping

Bartlomiej Z. Kolosowski

The future of LNG fuelled

shipping

• Demand: Status for LNG fuelled ships• Demand: The LNG environmental solution• Supply: LNG bunkering infrastructure

DNV GL © 2016

Ungraded

27 October 2016

DEMAND

Status for LNG fuelled ships

3

DNV GL © 2016

Ungraded

27 October 2016

102 LNG fuelled ships in operation worldwide (1/2)

4

Year Type of vessel Owner Class

2000 Car/passenger ferry Fjord1 DNV GL

2003 PSV Simon Møkster DNV GL

2003 PSV Eidesvik DNV GL






2008 PSV Eidesvik Shipping DNV GL


2009 Car/passenger ferry Tide Sjø DNV GL



2009 Patrol vessel Remøy Management DNV GL







2010 Car/passenger ferry Fosen Namsos Sjø DNV GL

2011 PSV DOF DNV GL

2011* Oil/chemical tanker Tarbit Shipping DNV GL


2011 PSV Solstad Rederi DNV GL

2012* Car/passenger ferry Fjord1 DNV GL


2012 PSV Eidesvik DNV GL

2012 PSV Olympic Shipping DNV GL

2012 PSV Island Offshore DNV GL

2012 General Cargo Nordnorsk Shipping DNV GL


2012 PSV Island Offshore DNV GL

2012 Car/passenger ferry Torghatten Nord DNV GL



2013 PSV REM DNV GL

2013 RoPax Viking Line LR


2013 Tug Incheon Port Authority KR

2013 General Cargo Eidsvaag DNV GL

2013 RoPax Fjordline DNV GL

2013 High speed RoPax Buquebus DNV GL

2013 Tug CNOOC CCS

2013 Tug CNOOC CCS

2013 Car/passenger ferry Norled DNV GL2014 Car/passenger ferry Norled DNV GL2014 Tug Buksér & Berging DNV GL2014 RoPax Fjordline DNV GL2014 Patrol vessel Finish Border Guard DNV GL2014 Tug Buksér & Berging DNV GL2014 Gas carrier Anthony Veder BV2014 Gas carrier Anthony Veder BV

Ships in operation

* Conversion projectUpdated 20 March 2017

Excluding LNG carriers and inland waterway vessels

DNV GL © 2016

Ungraded

27 October 2016

102 LNG fuelled ships in operation worldwide (2/2)

5


2014 PSV Remøy Shipping DNV GL

2014 General Cargo Egil Ulvan Rederi DNV GL

2014 General Cargo Egil Ulvan Rederi DNV GL

2014 PSV Siem Offshore DNV GL

2015 PSV Harvey Gulf Int. ABS

2015 Ro-Ro Norlines DNV GL

2015 Car/passenger ferry Samsoe municipality DNV GL

2015 PSV Simon Møkster Shipping DNV GL

2015 PSV Siem Offshore DNV GL2015 Ro-Ro Norlines DNV GL

2015* Oil/chemical tanker Bergen Tankers LR

2015 Car/passenger ferry Society of Quebec ferries LR

2015 Gas carrier Evergas BV


2015 Tug CNOOC CCS2015* Car/passenger ferry AG Ems DNV GL

2015 Tug NYK NK

2015 Gas carrier Chemgas Shipping BV



2015 Container ship TOTE Shipholdings ABS

2015 Car/passenger ferry AG EMS DNV GL

2015 Bulk ship Erik Thun LR

2016 Container ship TOTE Shipholdings ABS



2016 Bulk ship Erik Thun LR

Ships in operation

* Conversion project


2016 Oil/chemical tanker Terntank BV

2016 Gas carrier Navigator Gas ABS

2016* Oil/chemical tanker Furetank Rederi BV

2016 Icebreaker Arctica Shipping LR

2016 Car/passenger ferry Boreal Transport Nord DNV GL

2016 Car/passenger ferry Boreal Transport Nord DNV GL

2016 Tug CNOOC CCS

2016 Gas carrier Chemgas Shipping BV

2016 Car carrier UECC LR



2016 Car/passenger ferry BC Ferries LR



2016 Car/passenger ferry Seaspan Ferries Corp. BV


2016 Ro-Ro Searoad Holdings DNV GL

2016 Car carrier UECC LR


2017 Car/passenger ferry Seaspan Ferries Corp. BV

2017* RoPax Baleària BV

2017 RoPax Tallink BV

2017 Gas carrier Ocean Yield DNV GL

Updated 20 March 2017Excluding LNG carriers and inland waterway vessels

DNV GL © 2016

Ungraded

27 October 2016

108 confirmed LNG fuelled newbuilds (1/3)

6




2017 Tug Drydocks World




2017* Ro-Ro TOTE Shipholdings ABS


2017 Gas carrier Ocean Yield DNV GL


2017 Dredger DEME BV


2017* Container ship Wessels Reederei BV

2017 Hopper Barge Bremenports DNV GL

2017 HSLC Fred. Olsen DNV GL



2017 Cable layer DEME Tideway DNV GL



2017 Tug Østensjø Rederi BV



2017* Car/passenger ferry BC ferries ABS

2017 RoPax Rederi AB Gotland DNV GL

2017 Car/passenger ferry Caronte & Tourist RINA


2017 Oil/chemical tanker Groupe Desgagnés BV






2017 Container ship Crowley Maritime Corp. DNV GL

2017 Container ship Crowley Maritime Corp. DNV GL

2017 Container ship Brodosplit DNV GL

2017 Bulk ship POSCO KR


2018 Bulk ship ESL Shipping DNV GL

2018 Bulk ship ESL Shipping DNV GL

2018 Tug Keppel Smit Towage ABS

2018 Tug Maju Maritime ABS

2018* Car/passenger ferry BC ferries ABS




2018 Car/passenger ferry Royal Doeksen LR

2018 Car/passenger ferry Royal Doeksen LR

2018 Car/passenger ferry CHFS LR

2018 Car/passenger ferry CHFS LR

2018* Ro-Ro TOTE Shipholdings ABS

2018 RoPax Rederi AB Gotland DNV GL

2018 General cargo ship Nordnorsk Shipping DNV GL

Confirmed orderbook



DNV GL © 2016

Ungraded

27 October 2016


7

Confirmed orderbook


2019 Cruise ship Carnival Corporation RINA


2019 Oil/chemical tanker Älvtank BV

2019 Oil/chemical tanker Älvtank BV

2019 Oil/chemical tanker Thun Tankers BV

2019 Offshore installation ship DEME DNV GL


2019 RoPax Baleària BV

2019 Car carrier Siem Car Carriers

2019 Car carrier Siem Car Carriers

2019 Emergency response ship German Transport Ministry

2019 Emergency response ship German Transport Ministry

2019 RoPax Brittany Ferries

2019 RoPax Baleària

2019 RoPax Baleària

2019 Oil/chemical tanker Rosneft





2020 Research ship German Transport Ministry

2020 RoPax Viking Line


2020 Cruise ship Carnival Corporation


2018 Container ship Containerships ABS

2018 Container ship Containerships ABS

2018 Container ship GNS Shipping ABS




2018 Heavy lift vessel Heerema Offshore LR

2018 Oil/chemical tanker Furetank Rederi BV




2018 Dredger van der Kamp DNV GL

2018 Oil/chemical tanker Thun Tankers

2018 Oil/chemical tanker SCF


2018 Car/passenger ferry Torghatten












DNV GL © 2016

Ungraded

27 October 2016


8

Confirmed orderbook





2022 Cruise ship MSC Cruises

2022 Cruise ship RCCL

2024 Cruise ship MSC Cruises

2024 Cruise ship RCCL



DNV GL © 2016

Ungraded

27 October 2016

Area of operation of LNG fuelled vessels

9


DNV GL © 2016

Ungraded

27 October 2016

1 1 1 3 3 3 4 8 9 1521

25

35

45

56

75

97102 102 102 102 102 102 102 102

38

71

93101 103 106 106 108

0

20

40

60

80

100

120

140

160

180

200

Num

ber

of ship

s

Year of delivery

Ships in operation Ships on order

There are currently 201 confirmed LNG ship fuel projects

10

Additional orders beyond 2018 are confirmed Updated 20 March 2017Excluding LNG carriers and inland waterway vessels

DNV GL © 2016

Ungraded

27 October 2016

1 1 1 3 3 3 48 9 15 21 25

3545

56

75

97 102 102 102 102 102 102 102 102

38

7193 101 103 106 106 108

14

37

56

70

7477 77 77 77 77

0

50

100

150

200

250

300

350

Num

ber

of ship

s

Year of delivery

Ships in operation Ships on order LNG ready ships

There are currently 201 confirmed LNG ship fuel projects

11

Additional orders beyond 2018 are confirmed Updated 20 March 2017Excluding LNG carriers and inland waterway vessels

DNV GL © 2016

Ungraded

27 October 2016

DNV GL – trusted partner for LNG fuel projects

12

0 20 40 60 80 100

Not decided

KR

NK

CCS

RINA

LR

ABS

BV

DNV GL

Cla

ss s

ocie

ty

LNG fuelled fleet by class society

In operation

On order


DNV GL © 2016

Ungraded

27 October 2016

2

31

2

13

41

64

20

53

72

3 2

16

13

11

5

1

24

5

7

2

612

0

5

10

15

20

25

30

35

40

45

50

Bu

lk s

hip

Car

ca

rrie

r

Car/

pa

sse

ng

er

ferr

y

Con

tain

er

sh

ip

Cru

ise

sh

ip

Ga

s c

arr

ier

Ge

ne

ral C

arg

o

HS

LC

Oil/c

he

mic

al ta

nke

r

Pa

tro

l ve

sse

l

PS

V

RoP

ax

Ro-R

o

Tu

g

Sp

ecia

lize

d v

esse

l

In operation On order

LNG uptake by vessel segment

13


DNV GL © 2016

Ungraded

27 October 2016

All engine concepts are in use for ship propulsion

14


DNV GL © 2016

Ungraded

27 October 2016

AIS data from LNGi shows that LNG fuelled ships are already covering a large area

15

The heat map is based on the LNG fuelled fleet’s AIS positions from 27.11.2016-07.12.2016

DNV GL © 2016

Ungraded

27 October 2016

DEMAND

The LNG environmental solution

16

DNV GL © 2016

Ungraded

27 October 2016

Rules are a key driver of demand

EU Sulphur directive is a key driver

17

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2025

Aug 11th

SECA 1, directive into force 1.5% S

Aug 11th

SECA 2, directive into force 1.5% S

MARPOL Annex VI ratified

May 19th

MARPOL Annex VI global S limit 4.5%

May 19th

MARPOL Annex VI SECA1, S limit 1.5%

Nov 11th

MARPOL Annex VI SECA2, S limit 1.5%

July 1st

ECA limit down to 1.00% S

Jan 1st

Global limit down to 3.50%

Jan 1st

ECA limit down to 0.10% S

Global S limit down to 0.50% (subject to review)*

Jan 1st

Directive S limit of 0.1% at berth

Global S limit down to 0.50% Review

EU Sulphur Directive, 2012


all EU waters 0.5%


SECA 0.1%

DNV GL © 2016

Ungraded

27 October 2016

LNG today faces weak technological alternatives in the environmental play

18

PM

Port

SOxECA

NOx

US ECA

CO2EEDI

LNG DF LNG LS fuelHFO &

Scrubber

(*)

HFO & SCR

(*)

Potential compliance for technology/fuel options, 4 stroke engines

PM

Port

SOxECA

NOxECA

CO2EEDI

DF LNG LS fuelIFO &

Scrubber

(*)

DF LNG & EGR

IFO & SCR

(*)

IFO & EGR

(*) requires energy

Potential compliance for technology/fuel options, 2stroke engines

DF: Dual Fuel

LS: Low Sulphur

HFO: Heavy Fuel Oil

SCR: Selective catalytic reduction

IFO: Intermediate Fuel Oil

EGR: Exhaust Gas Recirculation

DNV GL © 2016

Ungraded

27 October 2016

Investments in scrubbers are higher in total numbers but LNG fuel is the most frequent choice for newbuilds

19

*Number of ships are shown. Number of scrubber units are higher.

Others Bulk ship Gas carrier PSV Tankers Containership

GeneralCargo

Ro-Ro Cruise/Ferry Total0

25

50

75

100

125

150

175

200

225

250

275

300

325

350

3751 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31

Nu

mb

er o

f sh

ips

LNG retrofit

LNG newbuild

Scrubber retrofit

Scrubber newbuild


DNV GL © 2016

Ungraded

27 October 2016

SUPPLY

LNG bunkering infrastructure

20

DNV GL © 2016

Ungraded

27 October 2016

54 LNG supply locations for ships worldwide today, and many more decided and planned*

21

Updated 20 March 2017

*There may be several bunkering facilities/modes for one location. The count includes local storages, bunker ship loading facilities and truck

loading facilities. Locations where LNG fuelled ships can be bunkered by truck or by ship is not counted.

DNV GL © 2016

Ungraded

27 October 2016

The majority of LNG supply locations for ships are in Europe*

22

*There may be several bunkering facilities/modes for one location. The count includes local storages, bunker ship loading facilities and truck

loading facilities. Locations where LNG fuelled ships can be bunkered by truck or by ship is not counted.


DNV GL © 2016

Ungraded

27 October 2016

All types of LNG supply facilities are being developed*

23

*Some locations have several types of facilities, which is why the number of facilities is higher than the number of locations.

• Local storage – An intermediary LNG storage

• Tank to ship bunkering – A local storage where an LNG fuelled ship can bunker directly from shore

• Truck loading facility – A terminal where LNG trucks can load LNG

• Bunker Ship loading facility – LNG terminal accessible by small LNG carriers


DNV GL © 2016

Ungraded

27 October 2016

Within end of 2017 there will be 6 LNG bunker vessels in operation*

24

*In the LNGi map bunkering barges for inland waterway vessels are also shown, but these projects are not counted here.


DNV GL © 2016

Ungraded

27 October 2016

LNGi shows a clutter of LNG bunker vessels coming in Europe

25


*In the LNGi map bunkering barges for inland waterway vessels are also shown, but these projects are not shown here.

DNV GL © 2016

Ungraded

27 October 2016

SAFER, SMARTER, GREENER

www.dnvgl.com

Questions?

26

Bartlomiej Z. KOLOSOWSKI

[email protected]

+39 342 5070712

Documents

The future of LNG fuelled shipping Bartlomiej Z. Kolosowski€¦ · 2019 RoPax Brittany Ferries 2019 RoPax Baleària 2019 RoPax Baleària 2019 Oil/chemical tanker Rosneft 2020 Oil/chemical