LNG Value Chain.
Wärtsilä Corporation, 13 July 2016 at 10:30 am EET – Wärtsilä and other leading marine industry players have formed a coalition, known as SEA/LNG, to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel. The coalition aims to help break down the barriers hindering the global development of LNG in marine applications, thereby improving the environmental performance of the shipping industry.
In addition to Wärtsilä, the other partners in the SEA/LNG coalition include Carnival Corporation, DNV-GL, ENGIE, ENN Group, GE Marine, GTT, Lloyds Register, Mitsubishi, NYK Line, Port of Rotterdam, Qatargas, Shell Downstream and Tote. Each member organization commits mutually agreed human resources, data analysis, and knowledge sharing in support of the SEA/LNG initiatives and activities.
“This is a strong coalition combining the expertise of major fleet owners, classification societies, port facilities, and energy experts. Wärtsilä contributes its vast experience and know-how in gas driven propulsion systems and the entire gas value chain. By working together, we plan to overcome the challenges and speed the general acceptance of LNG. Having been a pioneer in the use of LNG as a marine fuel, and a developer of major technologies facilitating the adoption of LNG fuel, it is natural that Wärtsilä supports wholeheartedly the aims of the SEA/LNG coalition, ” says Timo Koponen, Vice President, Flow & Gas Solutions, Wärtsilä Marine Solutions.
LNG offers significant environmental advantages for shipping compared to heavy fuel oil (HFO), which remains the predominant fuel used today. By comparison with HFO, NOx emissions are cut by approximately 85%, SOx emissions are almost completely eliminated since natural gas contains no sulphur, and particle production is practically non-existent, thanks to the efficient combustion of natural gas, a fuel with almost no residuals.
The main areas of focus for the coalition include supporting the development of LNG bunkering in major ports, educating stakeholders as to the risks and opportunities in the use of LNG fuel, and developing globally consistent regulations for cleaner shipping fuels.
