Thirty Eight APEC Transportation Working
Group Meeting, Bali, Indonesia
1 – 5 July 2013
Thirty Eight APEC Transportation Working
Group Meeting, Bali, Indonesia
1 – 5 July 2013
• Background
• Why choose LNG as fuel?
• Status & Prospect for LNG fuelled ship
• Our goals with LNG fuelled ship
• Future works
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Thirty Eight APEC Transportation Working
Group Meeting, Bali, Indonesia
1 – 5 July 2013
 The volume of seaborne trade
Abt. 600 million DWT (1985) → 1,200 million DWT (2009)
 The volume of seaborne trade by LNG carriers
Abt. 3.8 million DWT (1985) → 22.4 million DWT (2009)
(Million DWT)
(Million DWT)
101% rise
590% rise
(Year)
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Thirty Eight APEC Transportation Working
Group Meeting, Bali, Indonesia
1 – 5 July 2013
Green-Ship Technologies
Offshore Technologies
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Thirty Eight APEC Transportation Working
Group Meeting, Bali, Indonesia
1 – 5 July 2013
(1) Promoting sustainable and long-term growth
The 7th APEC Transportation Ministerial meeting held in San Francisco, 14 Sep. 2011
‘The action agenda to move APEC toward and Energy
efficient, Sustainable, Low-Carbon Transport Future’
(2) Intensive cooperation to foster innovative growth
The 20th APEC Economic Leaders’ declaration in Vladivostok, 8~9 Sep. 2012
‘Technical and economic cooperation among APEC economies’
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Thirty Eight APEC Transportation Working
Group Meeting, Bali, Indonesia
1 – 5 July 2013
(1) Environmental Issues

Global warming

Destroying forest / Acid rain

Melting glacier
Regulations for the prevention of air pollution
- CO2 → EEDI, EEOI, SEEMP
- IMO prohibits NOx & SOx emission
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Thirty Eight APEC Transportation Working
Group Meeting, Bali, Indonesia
1 – 5 July 2013
(2) Fuel Cost (outlook)
$13 ~ $22 per mmBtu
Oil Price Competitiveness
►Decrease Oil Production
►Instability of Oil market
$3 ~ $15 per mmBtu
Vs.
LNG Price Competitiveness
►Increase LNG Production in Qatar,
Australia and etc.
►Shale gas in U.S.A
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Source : Man Diesel, GL
Thirty Eight APEC Transportation Working
Group Meeting, Bali, Indonesia
1 – 5 July 2013
(2) Fuel Cost
LNG Price : 13 USD/mmBTU
Source : MAN Diesel
LNG price is about 30% cheaper than the bunker price 8
Thirty Eight APEC Transportation Working
Group Meeting, Bali, Indonesia
1 – 5 July 2013
(3) Alternative technologies to meet emission criteria
Thirty Eight APEC Transportation Working
Group Meeting, Bali, Indonesia
1 – 5 July 2013
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Thirty Eight APEC Transportation Working
Group Meeting, Bali, Indonesia
1 – 5 July 2013
Unit : million tons
Region
2012 year
2030 year
East Asia
-
81
Middle East / Southeast Asia
-
12
North America
-
21
South America
-
10
Europe
0.37
24
FSU
-
7
Africa
-
5
Total
0.37
161
Source : Gazprom
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Thirty Eight APEC Transportation Working
Group Meeting, Bali, Indonesia
1 – 5 July 2013
Phase 1. (Jan., 2014 ) Analysis on market requirement from environmental aspects
 Present state of application for technologies on LNG fuelled ship
- Investigation of technology needed to store LNG aboard a ship and fuelling ships with LNG
 Study on the trade statistics and analysis on what ship types and sizes that are
suitable for LNG as fuel source
Phase2. (Feb., 2014) Networking with expertise group
 Policy makers of maritime affairs administration in APEC region
 Interested person in company of energy, port, shipbuilding, shipping and
classification
 Academics and researcher
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Thirty Eight APEC Transportation Working
Group Meeting, Bali, Indonesia
1 – 5 July 2013
Phase3. (Mar~Sep, 2014) Research on market requirements from environment and
technologies aspects
 Regulation : trends of environment restrictions
Technology : safety, engine, and bunkering etc.
 Energy : energy market by increasing in demand of LNG
 Service : CDM(Clean Development Mechanism) and bunkering service
Phase4. (Oct, 2014) Hold International joint seminar and suggest the new agenda
 Target : people in shipping, shipbuilding, energy and port’s industry
 Place / Occasion : Expected in Republic of Korea / Oct. 2014
 Subject
1)Global status of LNG fuelled ship
2)Select of LNG fuelled ship service model
3)Proposal of government’s role and task for stimulating LNG fuelled ship
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Thirty Eight APEC Transportation Working
Group Meeting, Bali, Indonesia
1 – 5 July 2013
Clean Port Control
LNG Bunkering Infra
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Thirty Eight APEC Transportation Working
Group Meeting, Bali, Indonesia
1 – 5 July 2013
(1) Develop new business model between APEC economies
(2) Enhance the competitiveness of seaborne trade
in APEC region
(3) Find innovative policy for new technologies and
cooperative solution
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Thank you for your attention!
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