There is no one-size-fits-all solution to decarbonisation but what is needed is a pragmatic, collective approach. This was one of the points shared by Robert (Rob) Sullivan, AET’s Global Director of Business Development & Technology at the S&P Global Asia Gas Markets Conference held in Singapore on 22 October 2024. He was speaking at a panel discussion on LNG and the Future of Maritime Transportation.
Emphasising that both LNG and ammonia have important roles, Rob said advancing maritime’s energy transition requires collaboration: “It’s a partnership model and responsibility needs to be carried by everyone in the value chain.”
To accelerate progress in this area, AET has teamed up with innovators such as Daphne Technology and the MPA’s Maritime Energy Transition Facility (METF) to address challenges such as methane slip and to develop specialised training courses, focusing on future fuels and technologies.
Here are some other key takeaways from the session:
- LNG isn’t just a bridge fuel. It’s here to stay. It remains a vital option for reducing emissions in the near term.
- Regulatory momentum: Policy changes are key to fostering the right incentives and advancing cleaner fuel adoption.
- The power of Collaboration: The maritime industry, like aviation, needs a breakthrough in sustainable fuels and achieving this will require cooperative efforts, including innovations like carbon capture and storage.
We will continue to share our expertise and experience as we work with our industry partners for a sustainable and impactful future in shipping.
