New Fuels Forum, Success
The new fuels forum addressing the challenges and opportunities of using alternative fuels to distillate to meet ECA requirements was a great success according to the 68 attendees.
The forum started with Peter Hall CEO of IBIA identifying that this was “chapter one” in the response to emissions abatement. Although distillate was clearly emerging as the choice option for ship owners and charterers, pricing was clearly a factor in this. Other alternatives were starting to gain ground with products being released onto the market by a number of key players.
Capt Hall sounded a note of caution that this was only the beginning regarding the mounting pressure on shipping emissions, Sulphur capping was indeed a challenge, however, the shipping industry was meeting this its stride, but bigger hurdles where in front with, CO2, NOx and particulate matter.
There is a building “tidal wave” of challenge ahead, most importantly in overcoming this obstacle was the need for accurate data on current emissions from shipping. This was needed now in order that the industry can effectively demonstrate the steps taken to reduce emissions.
The forum covered presentations from SGMF on the ground being gained by LNG particularly in Europe and the USA. Argus Media, sponsors of the event, described how Russia and the Former Soviet Union was responding to delivering alternative fuels and the pricing differentials with the various options.
ExxonMobil delivered a detailed presentation about their HDME50 and AFME 200 products.
VPS and Intertek/ShipCare balanced the debate with practical help for buyers to navigate their way through the options, opportunities and pitfalls. The forum was rounded off with a summary by Nigel Draffin explaining all the options and availability.
Presentations are available. Please click here