The IMO's Sulfur Emissions Restriction Regulations will take effect in 2020. Among the three compliance options provided by the IMO, there are uncertainties as to whether the refinery can produce a sufficient quantity of low-sulfur fuel oil. There are also many problems with the installation of scrubbers. To be solved, most people in the industry believe that the use of fuels that meet the standards is the most economically viable option at the moment. weld overlay flange
In the implementation of the 2020 limit on sulfur emissions, the International Maritime Organization (IMO) reiterated its position that there will be no change in the implementation date. However, shipowners and operators have many concerns about complying with new rules and investment compliance technologies. Therefore, most companies still adopt a "wait and see" attitude.
In response to this, Dr. Marc Perrin, an independent consultant of ENGIE Lab CRIGEN, said in an interview with the media recently that in the face of the upcoming emission limits and alternative fuels, there is currently only one applicable product to choose from at the global level - Liquefied Natural Gas (LNG) . weld overlay elbows
“Actually, there is still a lot of work to be done, most of which relates to investment in LNG fuel equipment, but LNG as a fuel has been used in most major ports and areas affected by emissions regulations. LNG is used as a marine fuel In the most optimistic forecast, the special market has a share of only a few percentage points in the global LNG market. Therefore, for LNG with abundant reserves, there is no need to worry about the global availability issue. On the contrary, its 'competitor' needs to consider. Such as liquefied petroleum gas or methanol, we have good reason to believe that in the next few years, LNG prices may remain low."
Perrin believes that in the past few years, as LNG has gradually been used as a marine fuel, the market has shown an encouraging trend. “February 2018, 122 LNG fuel ships are under construction or have been put into operation. 143 ships have been ordered. In 2014, there were only 56 LNG ships. This is less than 50%. It is clear that growth can be seen. Very quickly." pipe spool
Olivier Jouny, general manager of Total Marine Fuels Global Solutions, said that the decision of CMA CGM to order nine giant LNG fuel container ships sent a strong signal to the industry.
“The major shipping companies that were previously not very interested in LNG are now starting to revisit their position and asking us to help them reassess. Our recent LNG fuel supply contract with Brittany Ferries and CMA CGM proves that we strongly support the use of LNG is used as a marine fuel."