MARKET

Offer, demand prices of the different products. Operators, shipping companies, and ports that are committed to alternative fuels

Regarding maritime transport services, a third of the ports have facilitated the supply of LNG. In parallel, more than half of the ports that responded offer shore power supply (OPS) and a growing number of ports (57%) offer differentiated quotas for vessels that go beyond the regulatory standards, with air emissions

With a 18,600 cubic meter tank, CMA CGM Jacques Saade is being supplied with LNG while loading unloading operations are carried out (SIMOPS). The supply operation is being carried out by Gas Agility, the largest LNG supply ship in the world. Gas Agility is operated by the French company Total, which has an agreement with CMA CGM to supply 300,000 tons of LNG fuel per year over a period of ten years.

IMO

The Committee for the Protection of the Marine Environment of the International Maritime Organization (IMO) has approved draft new mandatory standards to reduce the carbon intensity of existing ships. The draft amendments to the MARPOL Convention would require ships to combine a technical and an operational approach to reduce their carbon intensity

The EU will allocate around 27 million euros to the start-up of two projects in Spain through the Connect Europe CEF (Connecting Europe Facility) mechanism, which promotes more sustainable and efficient transport. Specifically, the European Commission will support, among others, the development of two new projects for the supply of liquefied natural gas (LNG) to ships –bunkering- in the ports of Barcelona and Algeciras, coordinated by Enagás

LPG fueling can be done in a number of ways, from terminals, refineries, onshore trucks, small LPG transport vessels or barges. There are more than 1,000 LPG storage facilities around the world that can be used for LPG fueling, and more than 700 small LPG vessels that can be used for vessel fueling.

Endesa has planned an initial investment of around 15.6 million euros, which after a detailed study and the incorporation of the latest technology on the market, will rise to more than 30 million euros for the adaptation of the facilities before 2023 After receiving authorization to extend the concession term of the current facility, by the Port Authority of Bahía de Algeciras, the new terminal will reach a storage capacity of around 4,080 cubic meters and a volume of energy managed per year 1,100 GWh.