DNV Expects Surge in LNG-Powered Vessel Orders (China)

LNG is gaining momentum as a fuel source for ships, according to Det Norske Veritas.

“Increasing focus on LNG as a clean and cost effective ship fuel has brought forward initiatives throughout the shipping industry, preparing the ground for a more rapid introduction of LNG as fuel for ships in all segments,” said Mr. Remi Eriksen, COO of DNV Asia Pacific & Middle East at a press conference at the Marintec China in Shanghai.

“We believe 500 LNG thousands will be on order by 2015 several thousands by 2020,” he added.

“DNV has spent considerable resources on developing concept vessels fuelled by LNG. Not in order to engage in ship design – because we are not. DNV contributes with ideas that collectively will bring the industry forward. We have put our best and most innovative engineers together to develop ideas that can make shipping cleaner, safer and more cost effective.” Mr. Eriksen said.

“These ideas have been presented to ship owners, yards, regulators infrastructure owners, oil and gas companies and other stakeholders in the shipping industry in order to stimulate creativity and true progress. The basic ship types sailing the seas today are to a large extent the same as we saw 20 years ago. This industry is about to bring forward new solutions to solve well known problems, – and as a response to new and tougher global regulations.”

Mr. Remi Eriksen said that LNG infrastructure is available or in the process of being made available in all major markets, to enable the use of LNG as energy source for power production and other industrial use.

As terminals are being planned and built, they gradually take facilities for LNG bunkering into account.

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LNG World News Staff, November 30, 2011; Image: DNV