A Memorandum of Understanding (MoU) has been signed by the maritime and port authorities of Antwerp, Japan, Rotterdam, Singapore, South Korea, and Zeebrugge, in order to facilitate the production and uptake of liquefied natural gas (LNG).
The MoU is designed to solve some of the problems associated with LNG uptake, such as the lack of infrastructure required to actually develop the fuel. At the current time LNG bunkering is often limited to European ports, but according to Nam Jae-Hun, South Korea’s Ministry of Oceans and Fisheries (MOF), from 2020 LNG bunkering is expected to strengthen worldwide.
Under the MoU agreement, port representatives will meet annually to discuss the development of LNG bunkering and how it can be furthered introduced and networked throughout the globe.
The MoU was signed at the 19th Singapore International Bunkering Conference and Exhibition (SIBCON), held between 4 to 7 October 2016 at the Resorts World Sentosa, Singapore.
Ship Efficiency Review News
To contact the reporter responsible for this article, please email editor@fathom-mi.com
