GREEN4SEA Conference & Awards

7 Mar 2018
Learn More
GREEN4SEA Conference & Awards

7 Mar 2018
Learn More

Environment will be the focus point during 2018

bimco

Entering in 2018, BIMCO’s CEO and Secretary General, Angus Frew, mentioned that the most important issue this year will be the environment, with GHG strategies and the 2020 sulphur cap being the most significant.

Mr. Frew believes that in the future a shortage of low sulphur fuel, an area in which there is a financial advantage for non compliance, he adds. For this reason, the IMO has to set its own strategy.

Furthermore, the shipping industry must focus on complete decarbonisation during the second half of the 21st century, as the appropriate technologies for that to happen now, do not exist. Thus, it is crucial to invest in research to find those technologies.

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The video shows transport of two LNG storage tanks to an LNG satellite terminal to Raahe, in northern Finland at the end of November 2017. The local utility, Raahen Voima, will utilise the LNG to replace the use of LPG for generating power and heat to its’ major consumer, a local SSAB steel mill.

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