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The future-proofed container ship9 February 2021 • 09:00-09:45 GMTGold partner
Container ShipsWebinar Week
Part of
9-10 February 2021
Panellist documents
Page 2: Alexandre Tocatlian, GTTPage 10: Jan Otto de Kat, ABSPage 19: Thomas S. Hansen, MAN Energy Solutions
PUBLIC
Building a new reference…
Image courtesy of CMA CGM
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PUBLIC
…and retrofitting the existing fleet
Image courtesy of HRDD
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To build or to retrofit : that is the question
Image courtesy of HZ
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Adding LNG and cargo capacity
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Juggling with CO2 compliance…
VLCV could already reach 2050 IMO objective with LNG
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M$
$60/bl scenario
$80/bl scenario
…and return on investment
VLCV get short payback and high NPV with LNG vs LSHFO
PUBLIC
Multiple pathways to decarbonisation
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Image courtesy of CMA-CGM
NH3 Ready option
$$$
$
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Make shipping sustainable with Technology…
Copyright : Roland Mouron
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PUBLIC
…and Digital solutions
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Standard savings potential:
• 1,100 to 1,600 MT CO2 per year
• 0.6 to 0.9 M USD per year
MACHINERY OPTIMISATIONTRIM OPTIMISATIONVOYAGE OPTIMISATION
© 2021 American Bureau of Shipping. All rights reserved
Future Proofing Containerships
Jan Otto de Kat | 9 February 2021
2 | Future Proofing Containerships
Decarbonization Forecast
Forecast of CO2 Emissions
Projected Fuel Mix
• Fuel mix projected to 2050:- 40% oil-based fuels in 2050 with 35% ammonia/hydrogen use
• The total fuel use by the global fleet is expected to increase
• Decarbonization scenarios:- The use of low- and zero-carbon fuels will have a significant effect- Additional measures needed as in the ACA scenario
Forecast of Fuel Use Per Sector
3 | Future Proofing Containerships
Decarbonization Solutions
4 | Future Proofing Containerships
The Three Fuel Pathways of The Future
Light Gas
Bio/Synthetic
Heavy Gas
5 | Future Proofing Containerships
Comparison of Alternative Fuels• Common parameters among the four fuels:
- No sulfur content- Can be used in engines at approx. 50% energy conversion efficiency- NOx Tier II compliance without any aftertreatment
FuelProduction
efficiency PtX(Siemens)
(%)
Boiling point(oC)
Safety RiskStorage volume
compared to MGO
Infrastructure Tank-to-wake
CO2emissions
Impact on newbuilding ship
cost
Hydrogen(H2, liquid) 68 -253 High 4.1 Nothing available
Costly to establish and transport None High
Ammonia(NH3)
64 -33 Medium 3.4 Existing LPG network can be used> 700 LPG carrier None Medium
Methanol(CH3OH) 54* 65 Low 2.3 Infrastructure in place
available in many ports
Somewhat lower than
MGO Low
Methane(CH4)
56* -163 Low 1.6 Infrastructure underdevelopment, costly to transport
Similar to MGO (methane slip
included) High
* Capturing CO2 results in lower production efficiency
6 | Future Proofing Containerships
2000 TEU – Hydrogen Fuel Cell Powered
• Engine technology developments and uptake of low & zero carbon fuels- Propulsion - Base load / auxiliary power
• Regulatory drivers- Short-, medium- and long-term environmental legislation - Charterers
• Container trade evolution - Have we reached maximum (technically and economically viable) ship size?- Supply chain developments
Items for Panel Discussion
7 | Future Proofing Containerships
© 2021 American Bureau of Shipping. All rights reserved
www.eagle.orgThank You
9 | Future Proofing Containerships
Container Trade Forecast
Global Container Trade Evolution
Strictly confidentialPublic 2/9/2021
Future proof your
investment
1
….. Future fuels for Container shipsFuture-proof propulsion of container vessels
Strictly confidentialPublic 2
There are uncertainties in several areas
2/9/2021Future-proof propulsion of container vessels
Major market drivers
‒ Which future fuel ?
‒ Oil price vs. Alternative fuel price level spread?
‒ Green image and decarbonization.
‒ Order new dual-fuel vessels or retrofit later?
‒ Ammonia engine in 2024.
‒ Regional carbon levy or not?
‒ Methane slip.
‒ N/B price.
Strictly confidentialPublic
30 very different scenarios - Which will prevail?
3
DNV-GL
Maritime
Forecast to
2050
2/9/2021Future-proof propulsion of container vessels
Strictly confidentialPublic 4
LNG Ethane Methanol LPG
ME-GAME-GI ME-GIE ME-LGIM ME-LGIP → 2024
Ammonia
MAN Energy Solutions supports all
We support the commercially attractive fuels
2/9/2021Future-proof propulsion of container vessels
Strictly confidentialPublic 2/9/2021Future-proof propulsion of container vessels 5
Dual-fuel reference list February 2021
Engine type Number of engines Stroke BoreTotal
engines
Engines in
service
ME-GI 223
6 G 95
335 155
6 S 90
25 G 90
2 S 80
5 G 80
4 S 70
153 G 70
2 L 70
6 G 60
3 S 60
10 S 50
1 G 50
2 G 45
ME-LGIM 2320 G 50
3 S 50
ME-GIE 2616 G 60
3 G 50
4 S 50
ME-LGIP 66
48 G 60
6 S 60
6 G 50
6 S 35
1.600.000 hours on second fuel
Strictly confidentialPublic
Modular design enables extensive retrofit options
2/9/2021Future-proof propulsion of container vessels
By ensuring full fuel flexibility and extensive retrofit capabilities with a proven record,
MAN Energy Solutions future-proof your investment
Fuel types MC ME-B ME-C ME-GI ME-GA ME-GIE ME-LGIM ME-LGIP
0-0.50% S VLSFO Design Design Design Design Design Design Design Design
HFO Design Design Design Design Design Design Design Design
Biofuels Design Design Design Design Design Design Design Design
LNG - - Retrofit Design Design Retrofit Retrofit Retrofit
LEG (Ethane) - - Retrofit Retrofit - Design Retrofit Retrofit
Methanol / Ethanol - - Retrofit Retrofit - Retrofit Design Retrofit
LPG - - Retrofit Retrofit - Retrofit Retrofit Design
Ammonia - - Retrofit Retrofit - Retrofit Retrofit Retrofit
Take advantage of favorable market conditions as they arise, and future-proof your investment by ordering
ME engines today. This will allow later conversion to alternative fuels including ammonia from 2025
6
Strictly confidentialPublic
World’s first conversion of a VLCV
Hapag Lloyd 15.000 TEU VLCV LNG Tank & FGSSGI components Pump Vaporizer Unit (PVU)
Retrofit Conversion Reference List
In Service
• ME-GIE: 1
• ME-GI: 2
• ME-LGIP: 4
Future-proof propulsion of container vessels
In process and on order
• ME-GI incl. FGSS & PVU: 1
• ME-LGIP: 11
72/9/2021
Strictly confidentialPublic 2/9/2021Future-proof propulsion of container vessels 8
G95ME-C 10.6 & 10.5-GI
Strictly confidentialPublic
The test engine no. 2 arriving at Copenhagen
2/9/2021Future-proof propulsion of container vessels 9
Future proof your
investments
Strictly confidentialPublic
All data provided in this document is non-binding.
This data serves informational purposes only and is especially not guaranteed in any way.
Depending on the subsequent specific individual projects, the relevant data may be subject to changes and
will be assessed and determined individually for each project. This will depend on the particular characteristics
of each individual project, especially specific site and operational conditions.
All data provided in this document is non-binding.
This data serves informational purposes only and is especially not guaranteed in any way.
Depending on the subsequent specific individual projects, the relevant data may be subject to changes and
will be assessed and determined individually for each project. This will depend on the particular characteristics
of each individual project, especially specific site and operational conditions.
2/9/2021Future-proof propulsion of container vessels 10
