07 May 2019

LNG for Maritime Shipping

Workshop

Background

Attendance is by invitation only.

The introduction of new marine fuel specifications as from 1 January 2020 introducing a global 0.5% sulphur cap will result in changes to fuels used by international shipping, which currently consumes about 3.5 Mb/d of high sulphur fuel oil (HFSO). Several alternatives are available for ship owners and charterers to comply with both sulphur and future CO2 emissions specifications. LNG is one of these options, benefitting from lower sulphur, nitrogen and carbon emissions than oil-based fuels.  However, LNG as a marine fuel (LNG bunkering) would bring with it some challenges in terms of bunkering infrastructure, development costs or increased technical complexity.

The objective of this workshop is to further assess the status and the development potential for global LNG bunkering market and main challenges and competitiveness.

Proposed agenda

Welcome coffee

Welcome and Introduction – IEA

New maritime fuel specifications, schedule and impacts – IEA

Session 1 – Fuelling future marine transportation – what role for LNG? (presentations and moderated panel)

  • LNG as part of global fuel portfolio – the oil and gas majors’ view
  • LNG bunkering as a new market for natural gas – the natural gas marketers’ view
  • LNG as an opportunity for fuel market diversification – independents view

Lunch

Session 2 – Considering the LNG option, the shipping industry’s view (presentations and moderated panel)

  • LNG fleet development and opportunities – global view
  • Shipbuilders / owners view
  • Shipping companies / brokers view
  • Banking institutions view

Coffee break

Session 3 – Delivering LNG infrastructure (presentations and moderated panel)

  • Europe – regas terminal operators and/or port authorities
  • Asia – regas terminal operators and/or port authorities
  • North America – port authorities

Closing remarks