"We're always evaluating the next challenge for shipping, and with IMO's work toward new environmental legislation, we're naturally looking for a solution to these challenges. So we're in continuous talks with a wide range of potential future partners," she says, adding:
"LNG is one of several possible alternative solutions going forward, and it's only natural for us to evaluate and discuss these solutions with potential partners and suppliers, such as Gazprom."
Soon or later shipping companies will have to comply with the increasing exhaust regulations due to future requirements for the sulfur emissions in the shipping industry. Vessels are will be required to sail on fuel with reduced sulfur contents or they will be required to clean their emissions significantly.
In such zones, vessels are barred from sailing fuel with over 0.10% sulfur, a fact forcing shipping companies in the world in various regions to change their current operations, not least having the chance to add extra strain to their finances. So far, there are 3 potential ways of complying with the exhaust regulations:
- Installing subscribers to clean the exhaust from the vessels
- Use LNG
- Switch to the Marine Gas Oil in the ECA zones (which is very expensive)
A lot of shipping companies are leaning toward liquefied natural gas as the new fuel for vessels worldwide. Maersk Line is this not the only shipping company that is interested in LNG. A series of the biggest companies in the shipping industry (and not only) stated a new collaboration, which is going to explore
"and ultimately aims to realize the commercial and environmental benefits of using liquefied natural gas, LNG, as a shipping fuel for deep sea marine transportation."
The new partnership is consisted between Shell, DNV GL, ship operator Cargill and Xynteo, which is environmetal consulting company. And Det Norske Veritas GL has long pointed to a breakthrough for liquefied natural gas as vessel fuel:
“At DNV GL we have – for a long time - been convinced that LNG is an important future fuel for shipping, and we have watched the international shipping industry wake up to this reality. But breaking into the deep sea trades has been a challenge, so we are now excited about overcoming this barrier together with Cargill, Shell, and Xyntéo," says Tor Svenson, CEO of DNV GL Maritme, in the press release.