PIL champions LNG and bio-methane for its future fleet

October 17, 2024 |

In the UK, The Loadstar reports at SIBCON, Pacific International Lines announced shifting towards LNG dual-fuel for its upcoming container ships, with a focus on bio-methane as a sustainable energy source.

Chia Yujin, PIL’s head of sustainability said, “We all acknowledge that bio-methane is the next step forward. It’s unrealistic to try to liquefy bio-methane to transport it, ship it and perform last-mile logistics. It’s absolutely critical that the regulators achieve the mass balancing, because bio-methane will allow us to extend LNG dual-fueled vessels built today, which will be in use until 2050, by a good 10 years. Otherwise, you’ll end up with stranded assets, and the path forward, in terms of other fuels, isn’t quite clear.”

”We have zero LNG dual-fuelled vessels today. But before the beginning of 2028, we’ll have close to 20, and will need a lot of LNG,” Yujin said. “Going forward, we’re not the only ones building LNG dual-fuelled vessels. We have a very modest newbuilding programme. There are a lot of other players that have ordered many more and if you consider just that the number of LNG dual-fuelled containerships will double, triple before 2030, it’s not unreasonable for demand to go up five-fold.”

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Category: Sustainable Marine Fuels

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