ClassNK has updated its report “ClassNK Alternative Fuels Insight,” initially released in May 2024, to Version 2.0. This update includes the latest information on alternative fuel ships, including orders and deliveries, demand outlook, and cost simulations for ammonia-fueled ships. It supports customers’ future fuel options and investments.
Given the wide range of alternative fuels available for ships, it is necessary to consider technical evaluations and understand trends, including cost and supply availability, to make appropriate fuel selections. “ClassNK Alternative Fuels Insight” provides the latest trends for each alternative fuel.
In the newly released Version 2.0, information on the demand for alternative fuels, estimated by ClassNK based on information on alternative fuel ships scheduled for delivery, and cost simulations for ammonia-fueled boats expected to be ordered more frequently in the future have been added.
In addition, the report provides information on the trend of green methane production projects expected to be used in LNG-fueled ships, the GHG emissions assessment of biofuels as an effective GHG reduction measure for conventional fuel ships, and our support for an onboard CCS system, which is expected to be more widely adopted in the future. The report also provides information on the rating results of CII in force from 2023 for ships verified by ClassNK, including results by ship type and size.
The “ClassNK Alternative Fuels Insight” is planned to provide continuous updates according to the latest trends in alternative fuels and regulations in international shipping.
Source: Port News
