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marine LNG

Marine Opportunities for Natural Gas

April 22, 2012 in LNG, Marine by Rich Piellisch  |  No Comments

The American Clean Skies Foundation has released a study on how maritime vessels might be converted to natural gas “and benefit from low prices and low emissions.”

Natural Gas for Marine Vessels: U.S. Market Opportunities is by New England’s M.J. Bradley & Associates.
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First True Marine Hybrid is LNG-Fueled

March 23, 2012 in Hybrids, LNG, Marine by rich  |  No Comments

DNV and FellowSHIP project partner Eidesvik Offshore are testing a 500-kilowatt lithium polymer battery pack to be installed early next year in Eidesvik’s Viking Lady OSV.
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Rolls-Royce for Dedicated LNG Tugs

January 14, 2012 in LNG, Marine by rich  |  No Comments

“We don’t do dual fuel,” says a spokesman as Rolls-Royce late last week reported a contract to deliver engines and azimuth propulsion systems for two liquefied natural gas-fueled tugboats, said to be the world’s first.
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Harvey Gulf for First U.S. Flag LNG Ships

January 1, 2012 in LNG, Marine by Rich Piellisch  |  No Comments

Harvey Gulf Orders Two LNG-Fueled Offshore Support Vessels,
Sees Plenty of Fueling Options by the Time They Enter Service

New Orleans-based Harvey Gulf International Marine has ordered a pair of 300-foot OSVs for Gulf of Mexico deepwater support operations. They will be the first U.S. flag vessels to be fueled primarily by liquefied natural gas.
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1,000 LNG Ships by 2015?

January 1, 2012 in LNG, Marine by Rich Piellisch  |  No Comments

‘This report cuts across the skepticism and complexity surrounding the adoption of LNG as fuel in the shipping industry,’ says MEC Intelligence.

‘This report cuts across the skepticism and complexity surrounding the adoption of LNG as fuel in the shipping industry,’ says MEC Intelligence.

A thousand ships could be fueled by liquefied natural gas by 2015 and perhaps 10,000 by 2020, says a new report, citing a combination of regulatory pressures and increasingly available and cheap fuel.

“With the development of infrastructure and IMO ratifications the fleet is expected to reach up to 1,000 vessels by 2015 but pick up rapidly to grow up to 10 times in the subsequent five years as the technology, infrastructure, and economics stack equivocally in favor of LNG propulsion,” says a summary from MECi, the Denmark- and India-based MEC Intelligence.

“Companies in all aspects of the maritime value chain – oil majors, terminals, ports, bunker suppliers, service companies, component producers, vessel owners and charterers – need to rethink their offerings.”

Costs will be low due to “abundant availability” of LNG, MECi says, with life-cycle operating expenses for newbuild LNG ships some 40% lower than those of fuel oil and MGO (marine gas oil) propelled vessels.

Infrastructure Is Key, Regulators Too

LNG prices will rise with power sector demand, but the increases are “not likely to be significant considering the new supplies from unconventional gas reserves.”

The major caveat is that inaction on regulations and infrastructure development delays could slow LNG ship deployment – but only for the short term. “An analysis of the existing LNG supply and terminal infrastructure shows ample availability of the fuel to be able to supply,” MECi says. “Bunkering infrastructure can be developed rapidly to meet the growing fleet.”

“LNG holds the key to a cleaner and more energy efficient future for the shipping industry,” MECi says. “This report cuts across the skepticism and complexity surrounding the adoption of LNG as fuel in the shipping industry.”

Maritime LNG Propulsion is priced at $1,200 U.S.

MEC stands for maritime, energy, and cleantech.

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