Mike Ratcliffe’s Post

Bunker One expands into physical LNG supply. We’re excited to announce the launch of Bunker One’s physical LNG bunker supply in northwestern Europe starting January 2025! This expansion builds on our successful new fuel activities and supports the transition to a multi-fuel future. Our new division, Bunker One LNG BV, will be headed by Michael Behmerburg and will manage physical LNG and mass-balanced LBM (Liquefied Bio Methane) deliveries utilising the 10,000 cbm LNG bunker vessel Coral Fraseri (see image below). The initiative is the result of close collaboration between Bunker One and Bunker Holding’s Center of Excellence for New Fuels & Carbon Markets. “We're very excited about this move to include physical supply of LNG and LBM as part of Bunker Holding’s fuel offering, which builds on our successful activities supplying LNG through third parties. Fossil LNG can offer up to 23% GHG reductions compared to conventional fuels and accompanies shipping’s transition to a multi-fuel future. Therefore, we regard LNG as a stepping stone to bio-LNG and e-LNG, which will help the industry achieve the mid-century decarbonisation targets set by the IMO.” - Valerie Ahrens, Senior Director of New Fuels and Carbon Markets at Bunker Holding. For a link to the full press release, see the comments section. #LNG #LBM #Shipping #NewFuels #DecarbonizingShipping

With an impressive orderbook of 196 vessels, and a fleet of 69 ships in-service globally, the Silverstream® System is a market-leading clean technology, designed to drive energy efficiency across the maritime sector. 14 of our in-service vessels are LNG carriers (LNGCs), a segment that is growing rapidly, boosting demand for technologies like ours. The global LNGC fleet in operation is expected to exceed 1,000 ships by 2026. This includes 300 new LNGCs hitting the water over the next three years. With this growing fleet comes a significant opportunity for vessel efficiency – and more and more LNGC owners are taking up this opportunity every day. Our solution offers LNGC operators the flexibility to improve delivered cargo volumes or reduce harmful emissions, depending on their specific priorities. As the maritime industry navigates towards a greener future, embracing clean technologies like our Silverstream® System will be critical for achieving sustainable, efficient, and environmentally friendly maritime operations on a global scale. Read more insights into LNGC efficiency from our Chief Commercial Officer Alistair Mackenzie via LNG Industry: #ShipsAndShipping #CleanTech #LNGCarrier

Liquefied natural gas (LNG) continues to be the fuel of choice for lower-carbon shipping, according to analysis by Rystad Energy, despite the rise in orders for vessels equipped with dual-fuel methanol and ammonia engines. The price competitiveness, abundant supply, and well-developed infrastructure of LNG give it an advantage over alternatives, especially in bunkering at ports.

Already established LNG bunkering standards in the US could help fast-track the bunkering of liquid hydriogen as marine fuel. https://lnkd.in/gXF-gZC5 #bunkerfuel #shipping #hydrogen

Demand for LNG ships is growing.

🚢 🛠 SEA-LNG Predicts Methane Slip Will Be Eliminated Within the Decade SEA-LNG, the trade group formed eight years ago to demonstrate the benefits of LNG as a marine fuel continues to highlight the significant progress being made to eradicate methane slip within the maritime sector. In its latest forecast, the group now says with continued collaborative efforts across the value chain, methane slip (the release of unburnt methane gas) will be eliminated for all engine technologies within the decade. Source ➡️ https://lnkd.in/ghmJnECV #LNG #SEALNG #methane #LNGbunkering

FuelEU Maritime will be entering into force soon with monitoring plans applying already from next month onwards. Need for maritime emissions reduction becomes more concrete than ever in Europe. Many discussions obviously focus on using ammonia and methanol but LNG is still a popular choice – and for good reason. Want to know more about LNG as fuel? Find out in these 17 expert answers. 👉 https://ow.ly/yauY30sFUZh #LNGasMarineFuel #AlternativeFuels #ShippingIndustry

Did you know? LNG dual-fuel vessels make up one-third of the new build order book – according to DNV - Maritime data.   Our recent analysis uncovered that LNG-fuelled vessels comprise 6% of the global fleet today. With 590 LNG-powered vessels in operation and a further 564 on order, we expect there to be 1,154 ships in operation by the end of 2028.   The commercial weight behind LNG dual fuel vessels positions the LNG pathway to play a significant, long-term role in maritime decarbonisation. This growing asset base can use biomethane (bio-LNG) as a drop in fuel today with little to no engine modification, and this will only increase as supply scales up further. They can then use e-methane (e-LNG) with the first supplies to shipping planned as early as 2026.   Read the full article via Offshore Energy : https://lnkd.in/eVAbWuBE   #Decarbonisation #LNG #BioLNG #ShipsAndShipping

LATEST EXCLUSIVE: LNG as a future fuel: ‘And that’s just chemistry’ Ammonia and methanol dominate discussions about the future of maritime fuels but David Stevenson speaks to SEA-LNG about liquid natural gas, the most common choice for lower carbon ships, to see what role it might play in decarbonisation... Learn more - https://lnkd.in/eiZDrPYJ #LNG #carbonships #decarbonisation

It should not come as a sursprise that LNG is finally gaining momentum as shipping fuel, given the investments executed throughout the years; however we should not discard the "competition" represented by alternative emissions-reducing fuels. What I think it is important, is that technologies should converge to allow economies of scale at both production and consumption. #shipping #shippingfuels #emissionsreduction #LNG