The role of LNG has been crucial, but what sets this apart from previous events is the inclusion of other gases such as ammonia, hydrogen, and carbon dioxide, each for different reasons, reports Seatrade Maritime.
World’s cleanest hydrocarbon
LNG is undeniably set for a strong upsurge as the world’s cleanest hydrocarbon. Despite criticism for its methane emissions and carbon content, global LNG production is expected to surge in the coming decade and likely beyond, with the addition of new trains in countries like Australia, Mozambique, Nigeria, Senegal, Tanzania, UAE, and the US.
Golar LNG, for example, recently announced plans to invest $2.2 billion in converting its 148,500 cubic meter Fuji LNG carrier, built in 2004, into a floating LNG plant with a capacity of 3.5 million tonnes per year, ensuring LNG continues to take center stage.
Furthermore, a Japanese consortium comprising Mitsubishi Shipbuilding, K Line, Mitsui OSK Lines, Nihon Shipyard, NYK Line, Mitsui & Co, and Mitsubishi Corp received AiP from ABS and Class NK for two types of low-pressure liquefied carbon dioxide (LCO2) carriers under their joint development.
In addition, a new generation of very large ammonia carriers will be necessary for the transportation and storage of hydrogen. While about a third of today’s LPG fleet can carry ammonia, many existing vessels are relatively small.
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Source: Seatrade Maritime
