SESSION FIVE: THE GREEN IMPERATIVE: THE PLACE OF THE BUNKER INDUSTRY IN SHIPPING’S DECARBONISATION
The new raft of bunker fuels will be up for discussion in this session, from those which currently have wider availability and take-up, such as LNG and biofuels, out to the more nascent markets for methanol, ammonia and hydrogen. Speakers will consider the challenges and opportunities for these fuels, availability of supply, market demand signals, and the credit outlook for these much more expensive energy sources. The role of the ‘traditional’ bunker trader and physical supplier will be considered in the context of a much more complicated supply landscape, as will the development of safety regulation and commercial specifications for new fuels.
The EU’s emission trading system (ETS), which will come into play for shipping in 2024, will be discussed and delegates will also be introduced to the world of carbon emissions trading.
Moderator: Lesley Bankes-Hughes, Managing Director Petrospot Ltd
Alternative fuels: A Global Update
Nigel Draffin, Lecturer, Consultant & Author
Update on Regulatory Developments and Alternative Fuels
Naeem Javaid, Marine Fuels Consultant, Lloyd’s Register
Low Emission Marine Fuels Today and Tomorrow
Sveta Ukkonen, Head of Marine Fuels and Services, Neste Oil Corporation
Low Carbon Fuels – Our Experience So Far
Steve Bee, Group Commercial & Business Development Director, VPS