Christophe wrote:Ah yes as when Costa's ships will fail it will simplify dismantling Booom!
ps: sorry ... I go ...
at worst there is the flaring of gas that can be done.
From next January, tens of thousands of ships will have to turn to new, less polluting fuels, a revolution which risks increasing the cost of maritime transport but also pump prices for motorists.
The international maritime organization (IMO) decided in 2016 that the sulfur content of fuel oil should be reduced to 0,5% from January 1, 2020, against 3,5% currently.
Objective: limit the highly toxic emissions of sulfur dioxide produced by the huge fleet of nearly 80.000 ships which ply the seas to transport goods or raw materials.
Maritime transport is indeed on the hot seat: it is responsible for around 400.000 premature deaths and 14 million cases of childhood asthma per year, according to an article published in 2018 in the journal Nature.
Concretely, maritime carriers will have several options. The first is to continue to use the current heavy fuel oil but to equip itself with exhaust gas purifiers ("scubbers").
However, this equipment is expensive and some of it rejects their washing water at sea, which could eventually lead to their ban. "There is uncertainty about the future of the regulations", remarks Nelly Grassin, at Armateurs de France.
The second possibility is to turn to alternative fuels, in particular liquefied natural gas (LNG). However, this choice remains marginal: it is not suitable for all shipping lines because it requires in particular a specific supply infrastructure.
The most obvious option is therefore to adopt fuels that comply with the new regulations: marine fuel oil with very low sulfur content or marine diesel.
Shipping today consumes 3,6 million barrels of oil per day. Of this total, around 600.000 are expected to remain on heavy fuel oil today for ships fitted with scrubbers or which will not immediately comply with the regulations.
"This leaves about 3 million barrels per day which will have to adjust to the new standard of 0,5% sulfur," said Chris Midgley, chief analyst at S&P Global Platts, interviewed by AFP.
- "The general public affected" -
It is therefore a major upheaval for the market. The International Energy Agency (IEA) sees it "easily as the biggest transformation ever seen in the petroleum products market".
The first consequence will be an increase in the cost for the shipowners, who could be tempted to pass on part of the additional cost to their customers - which, at the end of the chain, could increase the price of the goods transported.
Because compliant fuels, more sophisticated and more refined, are "twice as expensive, but we can expect an additional increase with increasing demand", notes Nelly Grassin.
For oil companies, this is a windfall, at least for the time being, because their refining margins will increase. But they will also have to get rid of their heavy fuel oil, the surplus of which can be used, for example, in power plants.
The increased demand for more sophisticated petroleum products will also indirectly affect other fuels, automobiles and air, whose prices are likely to rise.
In fact, refineries that are going to run at full capacity to produce marine diesel will also be thirsty for crude oil with a low sulfur content such as Brent from the North Sea or Texan WTI.
"Brent could climb and approach the $ 70, maybe pass the $ 70 at the end of the year," against less than $ 60 today, believes Chris Midgley. In the end, "IMO regulations will have repercussions on all consumers who buy gasoline or diesel".
For Alan Gelder, an expert at Wood Mackenzie, "the general public will be affected by IMO regulations mainly in two ways: with the cost of air transport and the selling prices of road diesel".
However, knowing that "many airlines cover their kerosene costs many months in advance," "the biggest impact will be on on-road diesel," he said.
Flytox wrote: The second: It will hurt the price of products that go around the world before arriving home.
Cruise ships will become less polluting
International Maritime Organization regulations provide for a new cap on sulfur emissions from ships.
By Hélène de Lacoste January 1, 2020 leparisien
The “Costa Smeralda” set an example. This first cruise ship powered by liquefied natural gas (LNG), energy considered clean because it does not release sulfur into the atmosphere, embarked its first passengers in Marseille on Sunday, December 29.
It's the trend.
New legislation from the International Maritime Organization provides for a cap on sulfur oxide emissions for ships from 2020, set at 0,5%, compared to 3,5% previously.
This new threshold targets, among other things, huge cruise ships, singled out for their high sulfur emissions. A study by the NGO Transport and environment revealed that in 2017, the hundred cruise ships belonging to the Carnival Corporation group emitted ten times more sulfur oxide in European exclusive economic zones than the 260 million vehicles of the European car fleet!
A greenhouse gas, sulfur gas contributes to the acidification of the atmosphere, just as it affects the health of local residents. "It is a gas which can cause headaches, respiratory problems, and which is at the base of the increase in the mortality rate for people who have respiratory weaknesses", explains Antidia Citores, spokesperson for The NGO Surfrider Foundation Europe. A challenge for energy companies According to the NGO, different means can be used by shipowners to adapt to this new standard.
One of the simplest solutions is to "change the type of fuel, choosing one at 0,5% rather than 3,5% sulfur". But supplying this less sulfur-laden fuel oil to all ships from 1 January is still a challenge for energy companies. Another possible way is "to set up a device which filters the fumes and thus reduces the rate of sulfur emitted", always according to the NGO Surfrider ...
Read the rest of the article on LeParisien.fr
The “Costa Smeralda” refueled with LNG in Marseille, a first
Posted on 14 / 05 / 2020 lemarin
This first LNG refueling of a ship from a ship in France was carried out discreetly during the night of May 4 to 5.
The '' Coral Methane '' paired with the '' Costa Smeralda '' in Marseille. (Photo: GPMM)
First transatlantic for an LNG car carrier
lemarin on 17/06/2020
The first of the two new vessels from Siem left Emden on June 16 for North America, loaded with Volkswagen.
The "Siem Confucius" left Emden on June 16 for North America. (photo: DR)
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