Page 21 - GLNG Week 47 2020
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GLNG                                            EUROPE                                                GLNG


       Maersk rules out LNG in future fuel mix





        PIPELINES &      DANISH shipping giant Maersk sees no major  such plans, having already ordered the retrofit
        TRANSPORT        role for LNG in its future fuel mix, CEO Soren  of its Sajir containership to run on LNG at the
                         Skou told investors last week, saying that the  Huarun Dadong shipyard in China.
                         group would move straight to zero-emissions   Hydrogen, ammonia and batteries are also
                         fuels to decarbonise its operations.  being discussed as solutions to the shipping
                           LNG has been touted as a potential transition  industry’s carbon footprint. Maersk is working
                         fuel for the shipping sector, benefiting from a  hard to decide which option is best before it
                         significant expansion in infrastructure in recent  orders any new ships.
                         years. Compared with today’s dominant mari-  “In terms of vessel types, we are very much
                         time fuel, fuel oil, it produces 25% less CO2, 80%  aware of the risk of ordering ships at this point,”
                         less NOX and virtually eliminates SOX and fine  he said. “We are not planning to order any new
                         particles.                           ship any time soon, because we still haven’t
                           However, Skou said Maersk was unlikely to  made up our mind on the potential fuels of the
                         invest in LNG-powered ships as a transition  future.”
                         towards even cleaner alternatives.     Maersk announced two years ago it would
                           “We don’t believe that LNG will play a big role  seek to become a carbon-neutral company by
                         for us as a transition fuel, because it is still a fossil  2050, and it has said it will need to develop a
                         fuel, and we would rather go from what we do  carbon-neutral fleet by 2030 to achieve this goal.
                         today straight to a neutral type of fuel,” he said  This means carbon-neutral fuels and their supply
                         while presenting Maersk’s third-quarter results.  chains will need to scaled up substantially over
                         “However, that will be years into the future, I  the next decade for Maersk’s ambition to become
                         suspect.”                            a reality.
                           Others like French containership owner   Maersk has stepped up investments in
                         CMA CGM have invested heavily in LNG-  research and development work on decarbon-
                         fuelled marine transport. The company wants to  isation solutions, and teamed up in June with
                         have a fleet of 26 LNG-powered ships in oper-  ABS, Cargill, MAN Energy Solutions, Mitsub-
                         ation by 2022, including nine 23,000-TEU, 11  ishi Heavy Industries, NYK Lines and Siemens
                         15,000-TEU and six 14,000-TEU vessels. Ger-  Energy to set up the Maersk Mc-Kinny Moller
                         man liner Hapag-Lloyd may follow suit with  Centre for Zero Carbon Shipping.™






                                                   NEWS IN BRIEF


       ASIA                                guarantees the integrity of its technologies,   AUSTRAL ASIA
                                           and that any separation could be detrimental
       GTT: Decision of the Korea          to the entire LNG carrier industry. The   PNG LNG adds H145
                                           company challenges the rationale of this
       Fair Trade Commission               decision and, upon receipt of the KFTC’s   for Papua New Guinea
                                           written decision, intends to appeal against it,
       The Korea Fair Trade Commission (KFTC)   with a request for suspension of the decision,   operations
       announced today, in a press release, that it   before the Seoul High Court. The company
       had reached a decision in its investigation   does not anticipate any significant financial   ExxonMobil has signed a contract for two
       regarding GTT’s commercial practices   or industrial impact in the short or mid-term.   Airbus H145 helicopters to support the PNG
       with the Korean shipyards in relation to   Depending on the conclusions of the appeal   LNG project in Papua New Guinea (PNG).
       the construction of LNG carriers. In its   procedure, it will reassess the consequences   The new H145 model with a five-blade,
       decision, the KFTC considers that some of   on its activities.           bearingless main rotor provides a 150kg
       the company’s commercial practices have   Philippe Berterottière, chairman and CEO   increase in useful load.
       not complied with Korean competition   of GTT, declared: “We are convinced that our   The aircraft will be based at the Hides Gas
       regulations since 2016, and notably requests   commercial practices comply with the Korean   Conditioning Plant (HGCP) in Hela Province
       that GTT allow those Korean shipyards which   competition rules and that the structuring of   of the PNG Highlands, and will be used to
       would so request to perform all or part of   our offer, which has contributed for decades   transport personnel and equipment in support
       the technical assistance services currently   to the safe development of LNG maritime   of PNG LNG Project operations.
       included in the technology license. This   transport, makes it possible to provide our   In addition to its reliability and superior
       decision includes an administrative fine of   shipyard partners with ever more innovative,   economics, the new H145’s “hot and high”
       approximately €9.5mn.               safe and efficient technologies, for the benefit   performance was critical to its selection for
         GTT wishes to emphasise that the licence   of the entire industry.”    use in an environment requiring routine
       of the technology and the technical assistance   GTT, November 25, 2020  operations at an altitude of 5,400ft in
       constitute an inseparable offering, which                                temperatures up to 35ºC.



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