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Peter Keller News

15 Mar 2023

UAE's Fujairah Needs to Step Up Investments for New Bunker Fuels -Execs

Š moodboard / Adobe Stock

UAE's Fujairah must step up investments for storage and supply of new alternative fuels as these markets are still lacking traction at the world's third-largest bunkering hub despite the urgency for maritime decarbonization, industry executives said on Wednesday.The maritime industry must seek out alternative fuels to meet carbon emission reduction targets set out by the U.N.'s International Maritime Organization, which include cutting carbon emissions by 40% from 2008 levels by 2030 and overall greenhouse gas (GHG) emissions by 50% by 2050.Despite being a key bunkering port…

08 Sep 2021

Orders for LNG-fueled Ships Are on the Rise

(Photo: SEA-LNG)

This year is shaping up to be a banner year for new liquefied natural gas (LNG) dual-fuel vessel construction contracts, with nearly 30% of the gross tonnage ordered in 2021 comprised of LNG-fueled vessels, according to the latest report from Clarksons.The trend is expected to continue as major deep-sea sectors of the maritime industry are embracing LNG in efforts to reduce both local and global emissions, said industry coalition SEA-LNG. Notably, LNG-fueled vessels are one of…

05 May 2021

Port of Corpus Christi Inks LNG Bunkering Deal with Stabilis

(Photo: Port of Corpus Christi Authority)

One of the United States' top oil export ports said it plans to build infrastructure for bunkering vessels fueled by liquefied natural gas (LNG).The Port of Corpus Christi Authority said it inked a memorandum of understanding (MOU) with Stabilis Solutions to facilitate the use of LNG as a marine fuel at the U.S. Gulf Coast port as vessels running on the cleaner-burning fuel become increasingly prominent among the world shipping fleet.The Port of Corpus Christi said some of the…

13 Dec 2019

LNG Suited for Select VLCC Routes

SEA\LNG has released the results of its third investment study, which underlines liquefied natural gas (LNG) as a compelling investment solution for Very Large Crude Carriers (VLCCs) on the Arabian Gulf to China trade route.Conducted by Opsiana, the study demonstrates benefits of LNG as a marine fuel for a newbuild 300K DWT VLCC on the Arabian Gulf to China trade route, in comparison with other alternatives currently available and scalable to the shipping industry across three fuel pricing scenarios.The business case compares the relative investment performance of four propulsion alternatives: a conventional VLCC sailing with Very Low Sulfur Fuel Oil…

21 Nov 2019

Chart Joins SEA\LNG

The global manufacturer of equipment Chart Industries has joined SEA\LNG, the multi-sector industry coalition accelerating the widespread adoption of liquefied natural gas (LNG).Peter Keller, SEA\LNG chairman, commented: “We are thrilled to welcome another member from North America. Chart is a highly respected equipment and solution provider working across the LNG value chain and we look forward to working together with a company that is at the heart of the energy revolution.”Chart is a key equipment and systems provider to applications that utilize clean burning, economical natural gas.The liquefaction technology that is used includes specialized heat exchangers…

24 Oct 2019

FortisBC Joins SEA\LNG

Canadian liquefied natural gas (LNG) provider FortisBC has joined SEA\LNG, a multi-sector industry coalition accelerating the widespread adoption of LNG as a marine fuel.Peter Keller, Chairman, SEA\LNG, said: “We’re pleased to welcome FortisBC to the SEA\LNG coalition. Our North American member network grows as the appetite for LNG as marine fuel expands across the globe.”FortisBC brings to the coalition nearly 45 years’ experience in LNG production in Western Canada. It owns and operates two LNG facilities on the west coast; its Tilbury LNG facility began operations in 1971, while it’s Mount Hayes facility on Vancouver Island launched operations in 2011.Douglas Stout…

17 Sep 2019

LNG - Most Viable Alternative Fuel

SEA\LNG,  a multi-sector industry coalition, created to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, said that LNG is the most commercially viable alternative fuel for shipping today.SEA\LNG released the findings of a new alternative fuels study today, which finds that LNG is the most mature, scalable, and commercially viable alternative fuel currently available for the maritime industry.The study was conducted by Norway-based alternative fuel experts from DNV GL.The study concludes that while there are a variety of lower or zero carbon alternative fuels that could help to meet the goals of the International Maritime Organisation’s (IMO) 2030 and 2050 greenhouse gas reduction targets…

28 Aug 2019

SEA\LNG Expands Membership in U.S.

Houston-based Stabilis Energy has joined SEA\LNG, the multi-sector industry coalition which is seeking to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel.Commenting on the development, Peter Keller, Chairman, SEA\LNG, said: "Welcoming Stabilis Energy as a new member demonstrates SEA\LNG’s continued commitment within the ever expanding North American LNG market. LNG is growing in importance in both the energy and marine bunkering markets. Stabilis operates at the forefront of this expansion.”Stabilis Energy provides small-scale LNG production, distribution and fuelling services to multiple end markets in North America.

15 Jul 2019

LNG Lucrative for PCTC Newbuilds

A recently released study confirms that liquefied natural gas (LNG) as a marine fuel is the most financially effective  for Pure Car and Truck Carriers (PCTC) on Atlantic and Pacific trade lanes.SEA\LNG, the multi-sector industry coalition, created to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel,  has released an independent study showing that LNG as a marine fuel delivers the best return on investment and is a competitive option for newbuild PCTC.Peter Keller, Chairman, SEA\LNG, stated: “This is the second in a series of studies commissioned from independent simulation and analytics expert Opsiana.

09 Jul 2019

Virginia 1st US Port to Join SEA\LNG

SEA\LNG, a multi-sector industry coalition, created to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, has announced that the Port of Virginia has become the first port in the US to join them.A press release from the LNG body quoted Peter Keller, Chairman, SEA\LNG, as commenting: “We’re very pleased to welcome the Port of Virginia as our first US port member. The US has vastly increased its LNG export capacity since the industry really took flight in early 2016, inspiring development in LNG bunkering capabilities on the East and West Coasts. The addition of the Port of Virginia to the coalition marks the climbing interest in LNG as a commercially viable…

11 Apr 2019

Study Shows LNG Forming Pathway to IMO 2050

Greenhouse Gas (GHG) reductions of up to 21% are achievable now from LNG as a marine fuel, compared with current oil-based marine fuels over the entire life-cycle from Well-to-Wake (WtW).An independent study report confirms that emissions of other local pollutants, such as sulphur oxides (SOx), nitrogen oxides (NOx) and particulate matter (PM), are close to zero when using LNG compared with current conventional oil-based marine fuels.The study, commissioned by SEA\LNG and SGMF, was conducted by leading data and consultancy provider thinkstep according to ISO standards. The report, which has been reviewed by a panel of independent academic experts…

26 Mar 2019

Can the Cruise Shipping Boom Continue?

MSC Cruises, the industry’s largest privately owned company, is in the midst of a $13 billion expansion which will bring its fleet, following the delivery of MSC Meraviglia in 2017, to 25 vessels by the mid 2020’s. Still on order are four Meraviglia class ships. Photo: MSC

As the global cruise industry enjoys it most robust period of growth ever, the question invariably becomes: How long can it last?Cruising, which is a blend of the hospitality and maritime businesses, continues to grow at a historic pace. The Cruise Trends & Industry Outlook publication from Cruise Lines International Association (CLIA) projects a passenger count of 30 million in 2019 – up nearly 2 million from the previous year. By year end 2019 CLIA members – a veritable ‘who’s who’ of the largest brands – will have 272 vessels…

08 Mar 2019

SEA\LNG Welcomes Vancouver Fraser Port

The Vancouver Fraser Port Authority has joined SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel. Vancouver Fraser Port  is the first North America port member to join the industry group.The Vancouver Fraser Port Authority is the federal agency of the Port of Vancouver, Canada’s largest port, and the fourth port member to join the coalition, alongside Port of Rotterdam, Yokohama-Kawasaki International Port Corporation (YKIP), and most recently the Maritime and Port Authority of Singapore (MPA). Together, the ports remain committed to supporting the coalition’s vision of a competitive global LNG value chain for cleaner maritime shipping.Peter Keller…

01 Mar 2019

LNG Meets IMO Goals: SEA\LNG

The consortium promoting the commercial case for liquefied natural gas (LNG), SEA\LNG, believes LNG is a viable pathway to meet the International Maritime Organisation (IMO)’s 2050 Greenhouse Gas (GHG) targets.The maritime industry really has two broad but major environmental initiatives related to air emissions; dramatic improvement of global air quality, and reduction of GHGs, said a release from the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel.Reinforcing the case for LNG as a marine fuel, SEA\LNG Ltd Chairman Peter Keller said: “In addition to immediate local air quality benefits…

28 Jan 2019

Study Prompts Investments in LNG as Marine Fuel

A new study by the consulting group SEA/LNG reveals “a strong investment case” for LNG as a marine fuel in the container shipping market.The study was commissioned from the independent simulation and analytics company Opsiana in order to provide shipowners and operators in analyzing investment opportunities, said a press release from SEA\LNG.Peter Keller, Chairman, SEA\LNG, said: “We commissioned this study from independent simulation and analytics expert Opsiana to support shipowners and operators in analysing their investment opportunities in an informed way, while simultaneously providing deeper analysis of the assumptions that go into the 2020 decision process.”He continued: “The study unequivocally shows that for this vessel type…

18 Jan 2019

LNG REPORT: 143 LNG-Powered Vessels in Operation, 270 to Come

Currently, the liquefied natural gas (LNG)-powered fleet has grown globally from 118 LNG-powered vessels in operation in 2017, to 143 LNG-powered vessels in operation – with a further 135 on order and 135 LNG-ready ships either in operation or on order.According to the LNG bunkering coalition SEA\LNG, Orders for LNG-powered vessels span a variety of vessel types including tankers, cruise ships, container ships, car carriers, and Very Large Ore Carriers (VLOC)s.A press note issued by Peter Keller, SEA\LNG Chairman revealed that in 2018, new LNG-fuelled vessels included ESL shipping’s delivery of its second LNG-fuelled 25,000 DWT bulker Haaga and Crowley’s combination container/roll on-roll off (ConRo) El Coquí.

18 Jan 2019

LNG REPORT: LNG Bunkering Vessels Rise to Nine, 30 More to Come

The liquefied natural gas (LNG) bunkering infrastructure is expanding globally and there are increasing numbers of LNG-bunker vessels which are encouraging other operators to adopt LNG.According to SEA\LNG,  the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, from limited availability at select ports, LNG bunkering has grown to encompass 24 out of the world’s top 25 and all but one of the top ten bunker ports globally."The single operational LNG bunker vessel operating at the beginning of 2017 has been joined by a further eight with – we estimate – 30 likely to be in operation within the next four to five years at key bunkering nodes in Asia…

16 Jan 2019

Singapore MPA, Société Générale Join LNG Advocacy Group

The liquefied natural gas (LNG) advocacy group SEA\LNG has announced the appointment of Paul Taylor representing Société Générale and Capt M. Segar representing MPA (The Maritime and Port Authority) of Singapore as Directors of SEA\LNG Ltd.Following elections last December, Tahir Faruqui and Xavier Pfeuty also join the SEA\LNG Board as new directors representing Shell and Total Marine Fuels respectively.Welcoming them to the Board, reappointed Chairman Peter Keller said: “2018 was an exciting year for the LNG industry and our coalition. As our membership grew to 36 we welcomed Société Générale as our first financial institution and additional ports, including MPA Singapore.

09 Sep 2018

TOTE Maritime Happy with ME-GI Engine

American shipping company, TOTE Maritime Puerto Rico, has returned very positive reports on its LNG-powered containerships, ‘Isla Bella’ and ‘Perla del Caribe’ as they approach the third anniversary of commencing operations, said a press release.It said that the 3,100-teu sister ships serve the route between Jacksonville, Florida and San Juan, Puerto Rico and are notable for being propelled by the first ME-GI dual-fuel engines produced by MAN Energy Solutions.Tim Nolan, President and CEO of TOTE noted: "The relationship between MAN and TOTE has been strong with excellent collaboration from the top level all the way to the engine room, and that continues. TOTE is proud to be an LNG first mover.

08 Oct 2018

TOTE’s Top Tips for LNG Success

Peter Keller, Executive Vice President, TOTE. Photo: Greg Trauthwein

U.S. owner TOTE, which broke ground three years ago with the world’s first LNG-fueled containership, has more than 36 months experience operating almost exclusively on LNG. We recently interviewed Peter Keller, Executive Vice President, TOTE, for a feature story coming in the October 2018 edition of Maritime Reporter & Engineering News. Until then, here are some tips from Keller for ship owners considering the switch to LNG.1.Relationship: “One of the things we’re very positive about is the relationship with MAN at all levels, from senior leadership to the support.

19 Sep 2018

LNG as Fuel: TOTE’s Keller Discusses ‘Lessons Learned’

Peter Keller, Executive Vice President, TOTE

In a recent interview with Peter Keller, Executive Vice President, TOTE, Maritime Reporter & Engineering News discussed lessons learned after three years of experience running two containerships – Isla Bella and Perla del Caribe – on LNG, the world’s first containerships with LNG fueled engines. Built in San Diego at NASSCO, powered by MAN ME-GI dual fuel engines and classed by ABS, Keller discusses ‘lessons learned’ today"When you're dealing with natural gas the safety culture is important. It's cryogenic, you don't want to spill it.

17 Oct 2018

TOTE Touts 'LNG-as-Fuel' Experience

Peter Keller, Executive Vice President, TOTE. (Photo: Greg Trauthwein)

Build it and they will come mentality serves TOTE well on ‘world first’ LNG ContainershipsAs the marine industry collectively struggles to find solutions to the mounting mandates to cut emissions, U.S. owner TOTE, which broke ground three years ago with the world’s first LNG-fueled containership, has more than 36 months experience operating almost exclusively on LNG. To date it has been a rousing success.As environmental mandates for ships continue to get stricter, particularly…

02 Nov 2018

SEA\LNG Voices Support for MEPC 73 Outcomes

SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, strongly supports the decision of the Marine Environment Protection Committee (MEPC) to reaffirm the January 1, 2020 implementation date of the 0.50% sulphur fuel limit.SEA\LNG said in a press release that it also applauds the adoption of the amendment to MARPOL Annex VI for a carriage ban on non-compliant fuels for vessels without an approved equivalent arrangement to meet the sulphur limit – such as an exhaust gas cleaning system (EGCS) on March 1, 2020.SEA\LNG chairman and executive vice president of TOTE Inc.…