SEA\LNG Announces Port Of Virginia As First Port In The US To Join Multi-Sector Industry
SEA\LNG has announced that the Port of Virginia has become the first port to join the multi-sector industry coalition in the United States of America. The aim is to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel.
Peter Keller, Chairman, SEA\LNG, commented: “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, environmentally sustainable fuel for US domestic and international shipping.”
The Port of Virginia is an international hub port and have connections to over 45 countries worldwide. Also, it has an extensive rail network across the United States. The port is currently undertaking a $700m expansion project to increase overall container capacity by 40%, as well as increasing lifting and docking capabilities across its six terminals for delivering operational excellence with sustainable growth. The port established a working group in March 2019, to examine the benefit and scalability of LNG bunkers for maritime trade.
John F. Reinhart, CEO and Executive Director of the Virginia Port Authority, said: “The Port of Virginia has always been at the center of maritime innovation. Our industry is evolving and the issues of alternative marine fuels and ports reducing their carbon footprints are growing in their importance. LNG bunkering would represent a complimentary capability to our land and waterside assets and investments. SEA\LNG is a major player in leading the conversation about using LNG as a viable and sustainable marine fuel.”
The SEA\LNG coalition unites key players from across the LNG marine value chain to address the barriers to the adoption of LNG; advocating for collaboration, demonstration, and communication on key areas such as regulation, emissions, infrastructure, and the economic case, to provide the confidence and demand required for an effective and efficient global LNG value chain for 2020 and beyond.
A major advantage in terms of improved air quality and human health is provided by LNG, which is particularly important in ports like Virginia and coastal areas. It can achieve up to 28% tank to wake reductions, or 21% well to wake for two-stroke engines, compared with conventional oil-based fuels, which is also a major step forward in terms of GHG. Further, LNG, in combination with efficiency measures being developed for new ships in response to the IMO’s Energy Efficiency Design Index (EEDI), will provide a way of meeting the IMO’s target of a 40% decrease in GHG by 2030 for international shipping.
This partnership will provide a great opportunity to accelerate the adoption of LNG as a marine fuel and continue the progress that has been made to offer a safe, mature, commercially viable, long-term pathway towards a zero-emissions shipping industry.
The Port of Virginia is the second North American port alongside the Vancouver Fraser Port Authority, and the fifth global port alongside the Port of Rotterdam, the Maritime and Port Authority of (MPA) Singapore, and Yokohama Kawasaki International Port Authority (YKIP), to join the coalition’s growing roster of 36 members.