Globally, consumers are demanding cleaner shipping and LNG as a marine fuel delivers.
There is growing shipper and consumer pressure for more environmentally-friendly logistics. Consumer goods companies such as Amazon, IKEA and Unilever have publicly stated that they are aiming to ‘green’ their entire marine and land transportation logistics.
In September 2019, SEA-LNG Member NYK announced an order for the world’s largest LNG-fuelled PCTC (pure car and truck carrier). The ship is scheduled to be delivered in 2020 and is funded by NYK corporate green bonds, with a sister ship ordered in 2020 for delivery in 2022. In March 2020, the VW Group Logistics started to use two LNG-powered charter vessels from Siem Car Carriers for the marine transport of vehicles from Europe to the US East Coast. In 2019 BHP released the world’s first bulk carrier tender for 12 LNG-fuelled vessels for the transport of 27 million tonnes of its iron ore from Australia to North Asia. These will be able to transport the equivalent of about 10% of BHP’s iron ore sales.