Small Scale to large Market Strategies & Technologies towards the Mediterranean Area
The future of LNG fuelled shipping
Bartlomiej Z. Kolosowski The future of LNG fuelled shipping
• Demand: Status for LNG fuelled ships • Demand: The LNG environmental solution • Supply: LNG bunkering infrastructure DEMAND
Status for LNG fuelled ships
Ungraded
3 DNV GL © 2016 27 October 2016 102 LNG fuelled ships in operation worldwide (1/2)
Ships in operation
Year Type of vessel Owner Class Year Type of vessel Owner Class 2000 Car/passenger ferry Fjord1 DNV GL 2012 PSV Eidesvik DNV GL 2003 PSV Simon Møkster DNV GL 2012 PSV Olympic Shipping DNV GL 2003 PSV Eidesvik DNV GL 2012 PSV Island Offshore DNV GL 2006 Car/passenger ferry Fjord1 DNV GL 2012 General Cargo Nordnorsk Shipping DNV GL 2007 Car/passenger ferry Fjord1 DNV GL 2012 PSV Eidesvik Shipping DNV GL 2007 Car/passenger ferry Fjord1 DNV GL 2012 PSV Island Offshore DNV GL 2007 Car/passenger ferry Fjord1 DNV GL 2012 Car/passenger ferry Torghatten Nord DNV GL 2007 Car/passenger ferry Fjord1 DNV GL 2012 Car/passenger ferry Torghatten Nord DNV GL 2008 PSV Eidesvik Shipping DNV GL 2012 Car/passenger ferry Torghatten Nord DNV GL 2009 PSV Eidesvik Shipping DNV GL 2013 PSV REM DNV GL 2009 Car/passenger ferry Tide Sjø DNV GL 2013 RoPax Viking Line LR 2009 Car/passenger ferry Tide Sjø DNV GL 2013 Car/passenger ferry Torghatten Nord DNV GL 2009 Car/passenger ferry Tide Sjø DNV GL 2013 Tug Incheon Port Authority KR 2009 Patrol vessel Remøy Management DNV GL 2013 General Cargo Eidsvaag DNV GL 2009 Car/passenger ferry Fjord1 DNV GL 2013 RoPax Fjordline DNV GL 2010 Patrol vessel Remøy Management DNV GL 2013 High speed RoPax Buquebus DNV GL 2010 Car/passenger ferry Fjord1 DNV GL 2013 Tug CNOOC CCS 2010 Patrol vessel Remøy Management DNV GL 2013 Tug CNOOC CCS 2010 Car/passenger ferry Fjord1 DNV GL 2013 Car/passenger ferry Norled DNV GL 2010 Car/passenger ferry Fjord1 DNV GL 2014 Car/passenger ferry Norled DNV GL 2010 Car/passenger ferry Fosen Namsos Sjø DNV GL 2014 Tug Buksér & Berging DNV GL 2011 PSV DOF DNV GL 2014 RoPax Fjordline DNV GL 2011* Oil/chemical tanker Tarbit Shipping DNV GL 2014 Patrol vessel Finish Border Guard DNV GL 2011 Car/passenger ferry Fjord1 DNV GL 2014 Tug Buksér & Berging DNV GL 2011 PSV Solstad Rederi DNV GL 2014 Gas carrier Anthony Veder BV 2014 Gas carrier Anthony Veder BV 2012* Car/passenger ferry Fjord1 DNV GL Updated 20 March 2017 Ungraded * Conversion project Excluding LNG carriers and inland waterway vessels
4 DNV GL © 2016 27 October 2016 102 LNG fuelled ships in operation worldwide (2/2)
Ships in operation
Year Type of vessel Owner Class Year Type of vessel Owner Class 2014 PSV Remøy Shipping DNV GL 2016 Oil/chemical tanker Terntank BV 2014 General Cargo Egil Ulvan Rederi DNV GL 2016 Gas carrier Navigator Gas ABS 2014 General Cargo Egil Ulvan Rederi DNV GL 2016* Oil/chemical tanker Furetank Rederi BV 2014 PSV Siem Offshore DNV GL 2016 Icebreaker Arctica Shipping LR 2015 PSV Harvey Gulf Int. ABS 2016 Car/passenger ferry Boreal Transport Nord DNV GL 2015 Ro-Ro Norlines DNV GL 2016 Car/passenger ferry Boreal Transport Nord DNV GL 2015 Car/passenger ferry Samsoe municipality DNV GL 2016 Tug CNOOC CCS 2015 PSV Simon Møkster Shipping DNV GL 2016 Gas carrier Chemgas Shipping BV 2015 PSV Siem Offshore DNV GL 2016 Car carrier UECC LR 2015 Ro-Ro Norlines DNV GL 2016 Oil/chemical tanker Terntank BV 2015* Oil/chemical tanker Bergen Tankers LR 2016 Oil/chemical tanker Terntank BV 2015 Car/passenger ferry Society of Quebec ferries LR 2016 Car/passenger ferry BC Ferries LR 2015 Gas carrier Evergas BV 2016 Gas carrier Evergas BV 2015 Gas carrier Evergas BV 2016 PSV Siem Offshore DNV GL 2015 Tug CNOOC CCS 2016 Car/passenger ferry Seaspan Ferries Corp. BV 2015* Car/passenger ferry AG Ems DNV GL 2016 Gas carrier Navigator Gas ABS 2015 Tug NYK NK 2016 Ro-Ro Searoad Holdings DNV GL 2015 Gas carrier Chemgas Shipping BV 2016 Car carrier UECC LR 2015 Gas carrier Evergas BV 2017 Gas carrier Navigator Gas ABS 2015 PSV Harvey Gulf Int. ABS 2017 Car/passenger ferry Seaspan Ferries Corp. BV 2015 Container ship TOTE Shipholdings ABS 2017* RoPax Baleària BV 2015 Car/passenger ferry AG EMS DNV GL 2017 RoPax Tallink BV 2015 Bulk ship Erik Thun LR 2017 Gas carrier Ocean Yield DNV GL 2016 Container ship TOTE Shipholdings ABS 2016 Gas carrier Evergas BV 2016 PSV Harvey Gulf Int. ABS 2016 Bulk ship Erik Thun LR Updated 20 March 2017 Ungraded * Conversion project Excluding LNG carriers and inland waterway vessels
5 DNV GL © 2016 27 October 2016 108 confirmed LNG fuelled newbuilds (1/3)
Confirmed orderbook
Year Type of vessel Owner Class Year Type of vessel Owner Class 2017 Car/passenger ferry Society of Quebec ferries LR 2017 Oil/chemical tanker Groupe Desgagnés BV 2017 Car/passenger ferry Society of Quebec ferries LR 2017 Oil/chemical tanker Groupe Desgagnés BV 2017 Tug Drydocks World 2017 Oil/chemical tanker Groupe Desgagnés BV 2017 PSV Siem Offshore DNV GL 2017 Oil/chemical tanker Groupe Desgagnés BV 2017 Gas carrier Evergas BV 2017 Car/passenger ferry BC Ferries LR 2017 PSV Siem Offshore DNV GL 2017 Oil/chemical tanker Terntank BV 2017* Ro-Ro TOTE Shipholdings ABS 2017 Container ship Crowley Maritime Corp. DNV GL 2017 Car/passenger ferry BC Ferries LR 2017 Container ship Crowley Maritime Corp. DNV GL 2017 Gas carrier Ocean Yield DNV GL 2017 Container ship Brodosplit DNV GL 2017 Bulk ship POSCO KR 2017 Gas carrier Navigator Gas ABS 2018 Container ship Brodosplit DNV GL 2017 Dredger DEME BV 2018 Bulk ship ESL Shipping DNV GL 2017 Dredger DEME BV 2018 Bulk ship ESL Shipping DNV GL 2017* Container ship Wessels Reederei BV 2018 Tug Keppel Smit Towage ABS 2017 Hopper Barge Bremenports DNV GL 2018 Tug Maju Maritime ABS 2017 HSLC Fred. Olsen DNV GL 2018* Car/passenger ferry BC ferries ABS 2017 PSV Harvey Gulf Int. ABS 2018 PSV Harvey Gulf Int. ABS 2017 PSV Harvey Gulf Int. ABS 2018 Container ship Brodosplit DNV GL 2017 Cable layer DEME Tideway DNV GL 2018 Container ship Brodosplit DNV GL 2017 Gas carrier Evergas BV 2018 Car/passenger ferry Royal Doeksen LR 2017 Gas carrier Evergas BV 2018 Car/passenger ferry Royal Doeksen LR 2017 Tug Østensjø Rederi BV 2018 Car/passenger ferry CHFS LR 2017 Tug Østensjø Rederi BV 2018 Car/passenger ferry CHFS LR 2017 Tug Østensjø Rederi BV 2018* Ro-Ro TOTE Shipholdings ABS 2017* Car/passenger ferry BC ferries ABS 2018 RoPax Rederi AB Gotland DNV GL 2017 RoPax Rederi AB Gotland DNV GL 2018 General cargo ship Nordnorsk Shipping DNV GL 2017 Car/passenger ferry Caronte & Tourist RINA Updated 20 March 2017 Ungraded * Conversion project Excluding LNG carriers and inland waterway vessels
6 DNV GL © 2016 27 October 2016 108 confirmed LNG fuelled newbuilds (2/3)
Confirmed orderbook
Year Type of vessel Owner Class Year Type of vessel Owner Class 2018 Container ship Containerships ABS 2019 Cruise ship Carnival Corporation RINA 2018 Container ship Containerships ABS 2019 Cruise ship Carnival Corporation RINA 2018 Container ship GNS Shipping ABS 2019 Oil/chemical tanker Älvtank BV 2018 Container ship GNS Shipping ABS 2019 Oil/chemical tanker Älvtank BV 2018 Container ship GNS Shipping ABS 2019 Oil/chemical tanker Thun Tankers BV 2018 Container ship GNS Shipping ABS 2019 Offshore installation ship DEME DNV GL 2018 Heavy lift vessel Heerema Offshore LR 2019 Dredger DEME BV 2019 RoPax Baleària BV 2018 Oil/chemical tanker Furetank Rederi BV 2019 Car carrier Siem Car Carriers 2018 Oil/chemical tanker Furetank Rederi BV 2019 Car carrier Siem Car Carriers 2018 Oil/chemical tanker Furetank Rederi BV 2019 Emergency response ship German Transport Ministry 2018 Dredger DEME BV 2019 Emergency response ship German Transport Ministry 2018 Dredger van der Kamp DNV GL 2019 RoPax Brittany Ferries 2018 Oil/chemical tanker Thun Tankers 2019 RoPax Baleària 2018 Oil/chemical tanker SCF 2019 RoPax Baleària 2018 Oil/chemical tanker SCF 2019 Oil/chemical tanker Rosneft 2018 Car/passenger ferry Torghatten 2020 Oil/chemical tanker Rosneft 2018 Car/passenger ferry Torghatten 2020 Oil/chemical tanker Rosneft 2018 Car/passenger ferry Torghatten 2020 Oil/chemical tanker Rosneft 2018 Car/passenger ferry Torghatten 2020 Oil/chemical tanker Rosneft 2019 Car/passenger ferry Torghatten 2020 Research ship German Transport Ministry 2019 Oil/chemical tanker SCF 2020 RoPax Viking Line 2019 Oil/chemical tanker SCF 2020 Cruise ship Carnival Corporation RINA 2019 Oil/chemical tanker Thun Tankers 2020 Cruise ship Carnival Corporation 2019 Oil/chemical tanker Thun Tankers 2019 Oil/chemical tanker Thun Tankers Updated 20 March 2017 Ungraded * Conversion project Excluding LNG carriers and inland waterway vessels
7 DNV GL © 2016 27 October 2016 108 confirmed LNG fuelled newbuilds (3/3)
Confirmed orderbook
Year Type of vessel Owner Class 2021 Cruise ship Carnival Corporation 2021 Cruise ship Carnival Corporation 2022 Cruise ship Carnival Corporation RINA 2022 Cruise ship MSC Cruises 2022 Cruise ship RCCL 2024 Cruise ship MSC Cruises 2024 Cruise ship RCCL
Updated 20 March 2017 Ungraded * Conversion project Excluding LNG carriers and inland waterway vessels
8 DNV GL © 2016 27 October 2016 Area of operation of LNG fuelled vessels
Updated 20 March 2017 Ungraded Excluding LNG carriers and inland waterway vessels
9 DNV GL © 2016 27 October 2016 There are currently 201 confirmed LNG ship fuel projects
200
180
160 101 103 106 106 108 Ships in operation Ships on order 93 140 71
120 38
100 102 102 102 102 102 102 102 102 97 80
Number Number ofships 75 60 56 40 45 35 20 25 21 3 3 3 1 1 1 4 8 9 15 0
Year of delivery
Additional orders beyond 2018 are confirmed Updated 20 March 2017 Ungraded Excluding LNG carriers and inland waterway vessels
1 DNV GL © 2016 27 October 2016 0 There are currently 201 confirmed LNG ship fuel projects
350
300
Ships in operation Ships on order LNG ready ships 250 77 77 77 77 77 74 70 200
56 106 106 108 150 93 101 103 71 38
Number Number shipsof 37 100 102 102 102 102 102 102 102 102 14 97 75 50 56 45 35 21 25 0 8 9 15 1 1 1 3 3 3 4
Year of delivery
Additional orders beyond 2018 are confirmed Updated 20 March 2017 Ungraded Excluding LNG carriers and inland waterway vessels
1 DNV GL © 2016 27 October 2016 1 DNV GL – trusted partner for LNG fuel projects
LNG fuelled fleet by class society
DNV GL
BV
ABS
LR
RINA In operation On order
CCS Class society Class
NK
KR
Not decided
0 20 40 60 80 100 Updated 20 March 2017 Ungraded Excluding LNG carriers and inland waterway vessels
1 DNV GL © 2016 27 October 2016 2 LNG uptake by vessel segment
50 45 In operation On order 16 40 35 30 25 5 20 24 31 5 15
20 6 10 13 7 12 13 11 1 5 3 2 7 2 4 6 4 5 2 1 3 2 0
2
Tug
PSV
HSLC
Ro-Ro
RoPax
Bulk Bulk ship
Car carrier Car
Gas Gas carrier
Cruise Cruise ship
Patrol vessel Patrol
Container Container ship
General Cargo General
Specialized vessel Specialized
Oil/chemical Oil/chemical tanker Car/passenger ferry Car/passenger
Updated 20 March 2017 Ungraded Excluding LNG carriers and inland waterway vessels
1 DNV GL © 2016 27 October 2016 3 All engine concepts are in use for ship propulsion
Updated 20 March 2017 Ungraded Excluding LNG carriers and inland waterway vessels
1 DNV GL © 2016 27 October 2016 4 AIS data from LNGi shows that LNG fuelled ships are already covering a large area
Ungraded The heat map is based on the LNG fuelled fleet’s AIS positions from 27.11.2016-07.12.2016
1 DNV GL © 2016 27 October 2016 5 DEMAND
The LNG environmental solution
Ungraded
1 DNV GL © 2016 27 October 2016 6 Rules are a key driver of demand
EU Sulphur directive is a key driver
MARPOL May 19th May 19th Nov 11th July 1st Jan 1st Jan 1st Global S Global S Annex VI MARPOL MARPOL MARPOL ECA limit Global ECA limit limit down limit down ratified Annex VI Annex VI Annex VI down to limit down down to to 0.50% to 0.50% global S SECA1, S SECA2, S 1.00% S to 3.50% 0.10% S Review (subject to limit 4.5% limit 1.5% limit 1.5% review)*
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2025
Aug 11th Aug 11th Jan 1st EU Sulphur EU Sulphur EU Sulphur SECA 1, SECA 2, Directive Directive, Directive, Directive, 2020 directive directive S limit of 2012 2012 all EU waters into force into force 0.1% at SECA 0.1% 0.5% 1.5% S 1.5% S berth
Ungraded
17 DNV GL © 2016 27 October 2016 LNG today faces weak technological alternatives in the environmental play
HFO & HFO & IFO & DF LNG IFO & IFO & LNG DF LNG LS fuel Scrubbe DF LNG LS fuel SCR Scrubber & EGR SCR EGR r
PM PM Port Port SOx SOx ECA ECA NOx NOx ECA US ECA CO2 (*) (*) CO2 (*) (*) EEDI EEDI (*) requires energy
Potential compliance for technology/fuel options, 4 stroke Potential compliance for technology/fuel options, 2stroke engines engines DF: Dual Fuel
LS: Low Sulphur
HFO: Heavy Fuel Oil
SCR: Selective catalytic reduction
IFO: Intermediate Fuel Oil
EGR: Exhaust Gas Recirculation
Ungraded
18 DNV GL © 2016 27 October 2016 Investments in scrubbers are higher in total numbers but LNG fuel is the most frequent choice for newbuilds
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 375 350 325 300 275 250 LNG retrofit 225 LNG newbuild 200 Scrubber retrofit
175 Scrubber newbuild 150
Number ships of Number 125 100 75 50 25 0 Others Bulk ship Gas carrier PSV Tankers Container General Ro-Ro Cruise/Ferry Total ship Cargo *Number of ships are shown. Number of scrubber units are higher. Updated 20 March 2017 Ungraded Excluding LNG carriers and inland waterway vessels
1 DNV GL © 2016 27 October 2016 9 SUPPLY
LNG bunkering infrastructure
Ungraded
2 DNV GL © 2016 27 October 2016 0 54 LNG supply locations for ships worldwide today, and many more decided and planned*
*There may be several bunkering facilities/modes for one location. The count includes local storages, bunker ship loading facilities and truck loading facilities. Locations where LNG fuelled ships can be bunkered by truck or by ship is not counted.
Ungraded Updated 20 March 2017
2 DNV GL © 2016 27 October 2016 1 The majority of LNG supply locations for ships are in Europe*
*There may be several bunkering facilities/modes for one location. The count includes local storages, bunker ship loading facilities and truck loading facilities. Locations where LNG fuelled ships can be bunkered by truck or by ship is not counted.
Ungraded Updated 20 March 2017
2 DNV GL © 2016 27 October 2016 2 All types of LNG supply facilities are being developed*
*Some locations have several types of facilities, which is why the number of facilities is higher than the number of locations.
• Local storage – An intermediary LNG storage
• Tank to ship bunkering – A local storage where an LNG fuelled ship can bunker directly from shore
• Truck loading facility – A terminal where LNG trucks can load LNG
• Bunker Ship loading facility – LNG terminal accessible by small LNG carriers
Ungraded Updated 20 March 2017
2 DNV GL © 2016 27 October 2016 3 Within end of 2017 there will be 6 LNG bunker vessels in operation*
*In the LNGi map bunkering barges for inland waterway vessels are also shown, but these projects are not counted here.
Ungraded Updated 20 March 2017
2 DNV GL © 2016 27 October 2016 4 LNGi shows a clutter of LNG bunker vessels coming in Europe
*In the LNGi map bunkering barges for inland waterway vessels are also shown, but these projects are not shown here.
Ungraded Updated 20 March 2017
2 DNV GL © 2016 27 October 2016 5 Questions?
Bartlomiej Z. KOLOSOWSKI [email protected] +39 342 5070712
www.dnvgl.com
SAFER, SMARTER, GREENER
Ungraded
2 DNV GL © 2016 27 October 2016 6