The shipping industry is facing a two-fold energy challenge of decarbonizing its global fleet whilst responsibly meeting its rising energy consumption demand. Rising to this challenge requires an energy transition, moving from heavy fuel oil, to cleaner, lower and ultimately zero-carbon fuel solutions.

There remain many questions and uncertainties on how ship owners and operators should transit their fuel strategy, the pathways they should take, as well as what their current and future marine fuels mix should be.

As a leading marine fuels supplier, TotalEnergies Marine Fuels, the global bunkering arm of TotalEnergies and partner of the Global LNG Bunkering Summit, has published a new Whitepaper - ‘The Drive for Cleaner Marine Fuels’ - to communicate our view of shipping’s energy transition over the short and long term. It covers the business cases for various future fuel candidates and our development strategy, plans and investments enabling the uptake of current alternative fuels, as well as accelerating the development of future fuels.

The Liquefied Natural Gas (LNG) market is globalising as buyers, seller numbers and types expand. Ahead of the LNG Bunkering Summit 2020, Oil and Gas IQ surveyed leading industry professionals on the current state of the LNG market, major growth drivers and key industry trends.

The results have been complied into the following report with additional commentary from Harly Penner, Director Fleet Engineering & Vessel Development, Seaspan Ferries, to highlight new regional opportunities and solutions to industry challenges detailing how they are changing, why, and how participants should react.

Key benefits of downloading the full report: 

• Gain a full understanding of the challenges for LNG bunkering and provide solutions to practically advance the industry past these current hurdles
• Explore new investment opportunities and the development of the LNG market to tackle issues with operational standards and skill development
• Discover how to innovate supply chain processes and infrastructure to advance LNG bunkering on a global scale
• Understand where new regional opportunities lie and analyse where the viability of conversion and retrofitting lies

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With record demand growth in 2018, the market is now worth north of $230 billion making it the fastest growing gas supply source. Ahead of the LNG Bunkering Summit: Mediterranean, we surveyed over 100 specialists from across the entire LNG Bunkering supply chain to gain insights into the factors that are driving the LNG market forward.

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In the report, we ask the industry questions such as:

• Will LNG become a widespread fuel for deep-sea shipping?
• What is the #1 factor in adopting LNG as a fuel?
• Which ship types are best suited to LNG fuels?
• What is the biggest challenge in terms of operational infrastructure?

As the shipping industry continues to adapt to the impact of IMO 2020, we have witnessed a considerable shift in the adoption of LNG bunkering, which in turn has led to a growth in commercial opportunities across the supply chain. However, questions still persist, notably around long-term viability and alternative marine fuels (AMFs), sustainability and regulation.

Ahead of the Global LNG Bunkering Summit 2020, Oil and Gas IQ collaborated with Mehmet Doymus, Lecturer, Dokuz Eylul University Maritime Faculty, to analyse current shipping regulations, the environmental restrictions of alternative marine fuels, the economic attractiveness of LNG and the increasing global demand for LNG bunkering as a sustainable fuel type.

Key benefits of downloading the full report: 

• Understand the role of LNG in the mix toward 2050 IMO objective
• Explore the benefits and drawbacks of LNG as an alternative marine fuel and discuss the best AMF of the future, 2050 and beyond
• Assess the impact of the new regulations, supply chain processes and infrastructure to advance LNG bunkering on a global scale 

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In this report we examine the pros and cons of LNG, along with current and future infrastructure plans as well as a projection for the coming years. 

Topics covered include: 

- Understanding LNG
- Rules and resulations
- The sulphur cap
- Cost and safety
- Environmental concerns
- Ports and infrastructure
- Future growth and forecasts

Despite the high demand for LNG as a marine fuel, the infrastructure necessary for LNG-powered vessels to refuel is currently limited, but expanding. This eBook looks at five of the world’s most exciting emerging LNG bunkering projects in ports that handle a combined total of nearly 74 million twenty-foot equivalent units (TEU) a year.