Page 123 - SUSTAINABILITY REPORT 2016

TOMORROW INNOVATION, RESPONSIBILITY AND DEVELOPMENT 123

1 Carnival is a member of SEA\LNG, a new widespread implementation of LNG and inland waterway ports, the objective demand for LNG bunker is expected to by IMO for the safe carriage by sea of
cross-industry initiative established to solutions . being to reach completion by 2025. A be around 1 million metric tons a year. liquefi ed gases in bulk) such as liquid
1
accelerate the widespread adoption of LNG
as a marine fuel by 2020. www.sea-Ing.org To be eff ective, the transition to these number of projects are also underway to Forecasts suggest there will be a total of and vapor transfer systems, operational
new propulsion systems must be construct bunkering terminals in other 20 bunkering terminals for vessels in sea procedures, a requirement for the LNG
accompanied by a program ensuring parts of the world, especially the Far and inland waterway ports nationally, provider to provide an LNG bunker
the growth and upgrading of the global East (China, South Korea and Japan), with 35 LNG-powered new builds and delivery note, training and qualifi cations
network of LNG bunker services; indeed, where the cruise market growth rate is 25 existing ships that may be fl agged of personnel, and requirements for
in 2014 there were only 22 bunkering highest. for conversion. LNG facilities to meet applicable ISO
terminals worldwide, of which 15 located In Italy, where as yet there are no LNG An important regulatory development standards and local codes (in each port).
in European ports. Global liquefaction bunkering terminals, the companies was the entry into force in February
capacity is already substantial and, managing regassifi cation units have 2017 of ISO 20519:2017, which
thanks to the growth in demand for mobilized in order to assess the feasibility sets requirements for LNG bunkering
LNG, many emerging markets have of upgrading existing infrastructure transfer systems and equipment thereby
shown interest in it as a replacement and the Port Authorities have put ensuring that LNG-fuelled vessels can
for expensive oil-based fuels, thereby forward projects for the conversion bunker in a safe and sustainable way, no
leading to diversifi cation of the off er of port facilities so as to enable the matter where the bunkering takes place.
and supply security. At the same time, distribution of LNG. The outlook is for The new standard contains requirements
the European Union is supporting the certain growth and, according to the that are not covered by the IGC Code
building of LNG infrastructure in coastal 2030 National Strategic Framework, the (the prevailing international code issued

GLOBAL FLEET GLOBAL LNG INFRASTRUCTURE AND MARKET (*)
OF LNG VESSELS

GLOBAL TRADE GLOBAL LIQUEFACTION LIQUEFACTION CAPACITY
97 CAPACITY: (UNDER CONSTRUCTION):
ADDITIONS

258 340
ACTIVE VESSELS 115

91 MILLION METRIC TONS MILLION METRIC TONS MILLION METRIC TONS

PER ANNUM
(+5% VS. 2015)
PER ANNUM
VESSELS ON ORDER OUTLOOK +4-5% PER ANNUM (+11.5% VS. 2015) LNG CARRIERS:
(2015-2030) 439 VESSELS (+7% VS. 2015)

(*) Source SEA/LNG – as of December 2016