An independent study has reconfirmed that greenhouse gas (GHG) reductions of up to 23% are achievable now from using LNG as a marine fuel, depending on the marine technology employed.
This is compared with the emissions of current oil-based marine fuels measured from Well-to-Wake (WtW). The 2nd Lifecycle GHG Emission Study on the use of LNG as a Marine Fuel from Sphera (formerly thinkstep) revisits its 2018/2019 research, using the latest available engine and supply chain data to bring the study fully up to date.
The study, commissioned by industry coalitions SEA-LNG and SGMF, was conducted according to ISO standards. It was also reviewed again by a panel of leading independent academic experts from key institutions in France, Germany, Japan and the USA. The analysis concluded that, in addition to the considerable air quality benefits it delivers, LNG can “beyond question” contribute significantly to the International Maritime Organisation’s (IMO) GHG reduction targets.
Read the full release here.