lng fuel marine adoption
TRANSCRIPT
01.05.2023 [Presentation name / Author]1 © Wärtsilä INTERNAL
LNG Fuel Marine Adoption; How soon, Which routes, & Vessel types?LNG18PERTH CONVENTION CENTER11-15 APRIL, 2016PERTH, AUSTRALIA
#GasBassador #WartsilaKnowsGas@wartsilacorp
© Wärtsilä INTERNAL 01.05.2023 [Presentation name / Author]2
19 May 2014
“… occupy too much space, so the ship will hardly be able to carry cargo anymore…”
Source: Ship Bunker World News19 May 2014
“…. carrying enough supply of the fuel is too difficult”
Respectfully agreed & a definitive LNG fuel view… but where is this positioning relative to other vessel & trade perspectives?
© Wärtsilä INTERNAL 01.05.2023 [Presentation name / Author]3
Positioning Map Ship Volume Limited
Ship Weight Limited
Long Oceans Voyage
Short Coastal Voyage (ECA?)
2 Ship Types: Volume out before draft marks, weight out at draft marks; 2 Voyages: long oceans or short coastal
© Wärtsilä INTERNAL 01.05.2023 [Presentation name / Author]4
Ship & Voyage Attributes Ship Volume Limited
Ship Weight Limited
Long Oceans Voyage
Short Coastal Voyage (ECA?)
Ship positioning's; typical with many gradations
BOX LINERLNG ( on gas )CAR CARRIER
BOX FEEDERROROFERRY / CRUISE
PRODUCTSHUTTLEGREAT LAKERATB
TANKERBULKEROBO
© Wärtsilä INTERNAL 01.05.2023 [Presentation name / Author]5
Ship Range & Gas Availability Ship Volume Limited
Ship Weight Limited
Long Oceans Voyage
Short Coastal Voyage (ECA?)
CONTAINERLNG ( on gas )CAR CARRIER
BOX FEEDERROROFERRY / CRUISE
PRODUCTSHUTTLEGREAT LAKERATB
TANKERBULKEROBO
Regional gas easier Global gas challenging
Gas Compelling
RemainTraditionalFuel
© Wärtsilä INTERNAL 01.05.2023 [Presentation name / Author]6
Liner Trade / Tramp Service
Fixed
Fixed schedules and ports = repeatability, early gas infrastructure seeks steady demand ports
Fixed
PortsRandom
ScheduleRandom
Remain Traditional Fuel
Gas Compelling
© Wärtsilä INTERNAL 01.05.2023 [Presentation name / Author]7
Vessel Range & Fuel Price Savings
Weak
Greater fuel cost impact ( quantity x price ) = greater gain for adopting gas fuel
Low
Price SavingsStrong
Ship energy intensity Speed & Power
High
Remain Traditional Fuel
Gas Compelling
© Wärtsilä INTERNAL 01.05.2023 [Presentation name / Author]8
Ship & Voyage Attributes Ship Volume Limited
Ship Weight Limited
Long Oceans Voyage
Short Coastal Voyage (ECA?)
Gas availability & affordability issues… frequency bunker sites, route
Gas Compelling
Greater Gas Spread Savings
CONTAINERLNG ( on gas )CAR CARRIER
BOX FEEDERROROFERRY / CRUISE
PRODUCTSHUTTLEGREAT LAKERATB
TANKERBULKEROBO
© Wärtsilä INTERNAL 01.05.2023 [Presentation name / Author]9
Ship & Voyage Attributes Ship Volume Limited
Ship Weight Limited
Long Oceans Voyage
Short Coastal Voyage (ECA?)
Gas availability & affordability issues… frequency bunker sites, route
Remain Traditional Fuel
CONTAINERLNG ( on gas )CAR CARRIER
BOX FEEDERROROFERRY / CRUISE
PRODUCTSHUTTLEGREAT LAKERATB
TANKERBULKEROBO
Small Gas Spread Savings
© Wärtsilä INTERNAL 01.05.2023 [Presentation name / Author]11
Vessel Space Requirements
Weight
Does gas cannibalize cargo space, it depends. Cruise may find passenger’s halo effect for green emissions themes.
Low
PayloadLimit Volume
High
Remain Traditional Fuel
Gas Compelling
Ship energy intensity Speed & Power
© Wärtsilä INTERNAL 01.05.2023 [Presentation name / Author]12
Ship & Voyage Attributes Ship Volume Limited
Ship Weight Limited
Long Oceans Voyage
Short Coastal Voyage (ECA?)
Positioning and LNG fuel adoption rates, it depends !
BOX LINERLNG ( on gas )CAR CARRIER
BOX FEEDERROROFERRY / CRUISE
PRODUCTSHUTTLEGREAT LAKERATB
TANKERBULKEROBO
EARLY
LASTFAST
SLOW