A shipping industry initiative that works to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel has welcomed two new partners in the past week, taking the total number of companies involved to sixteen.
SEA\LNG was launched in July this year and has members that span the marine and LNG industries, all of whom have signed up to working at removing market barriers and help transform the use of LNG as a marine fuel into a global reality.
The new coalition partners are classification society ABS and Keppel Offshore & Marine’s Gas Technology Development. This follows the other recent sign up of Eagle LNG Partners. The founding partners are: Carnival Corporation & plc, DNV GL, ENGIE, ENN, GE, GTT, Lloyd’s Register, Mitsubishi Corporation, NYK Line, Port of Rotterdam, Qatargas, Shell, TOTE Inc. and Wärtsilä.
SEA/LNG was established by Xyntéo, an advisory body which works with global companies to identify and implement collaborative initiatives that enable businesses to grow in a new way, fit for the resource, climate and demographic realities of the 21st century.
Guided by a board, which is led by Chairman Peter Keller, each member organisation commits mutually agreed human resources, data analysis and knowledge sharing in support of SEA\LNG initiatives and activities and financially contributes via a membership fee.
The recent decision by the International Maritime Organization (IMO) Marine Environment Protection Committee (MEPC) to enforce the global 0.5% cap on the sulphur content of marine fuel by 2020 has significantly increased interest in LNG as a cost effective, safe and more environmentally friendly fuel.