- Vessels’ expanding markets was a central theme of the most read stories for LNG Shipping & Terminals in 2021.
- In the US, ATB Clean Canaveral has gone to work as the country’s largest LNG bunker vessel, supporting operator NorthStar Midstream’s growing ambitions in the small-scale LNG market.
A recent news article published in the Riviera states that 2021’s top stories in LNG Shipping & Terminals.
Samsung Heavy Industries
South Korea’s Samsung Heavy Industries made a breakthrough with propulsion technology for the LNG carrier market, working with Bloom Energy to develop the world’s first LNG carrier powered by solid oxide fuel cells.
And Qatar made LNG market expansion a centrepiece of its energy policy in 2021, announcing it is expanding its liquefaction capacity by over 40%, investing in more than 100 LNG carriers and adding carbon capture and storage technology, too.
IMO’s short-term greenhouse gas measures
And the conundrum caused by IMO’s short-term greenhouse gas measures, EEXI and CII, caught our readers’ eyes when we reported that the forthcoming regulations could render a third of the existing LNG fleet obsolete and, conversely, that more shipowners might opt for LNG in future due to the regulations.
1. Fuel cell-powered LNG carrier breakthrough for Samsung
Samsung Heavy Industries reports it has developed the world’s first LNG carrier powered by solid oxide fuel cells in collaboration with Bloom Energy, obtaining an approval in principle from DNV.
2. Largest American LNG bunker vessel advances small-scale expansion
An ATB, America’s third and largest LNG bunker supply vessel, will join the fleet this year supporting the growth of LNG as a fuel and advancing NorthStar Midstream’s growing small-scale ambitions.
3. Qatar bets billions on the future of LNG
When it comes to LNG, Qatar is all in, expanding its liquefaction capacity by over 40%, investing in more than 100 LNG carriers and adding CCS technology, too.
4. EEXI, CII will have ‘detrimental effect’ on LNG carrier fleet
About one-third of the current LNG carrier fleet could face lay-up or scrapping by 2023 as a result of the recently approved IMO environmental regulations
5. With EEXI looming, LNG as fuel gains interest
With adoption of the Energy Efficiency Existing Ship Index amendments to Marpol Annex VI in June 2021, more shipowners could move towards converting their fleets to LNG.
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Source: Riviera
