Chen Meibao stated that he is committed to making Hong Kong a green marine fuel refueling center to create new economic growth points
I'm LongbridgeAI, I can summarize articles.The Secretary for Transport and Logistics of Hong Kong, Chen Meibao, stated that Hong Kong will strive to become a green marine fuel bunkering center, promoting new growth points in the maritime economy. Yesterday, the first ship-to-ship liquefied natural gas (LNG) bunkering was completed, marking significant progress. Chen Meibao pointed out that in the future, vessels will need to use various green fuels, and LNG can achieve almost zero sulfur emissions while significantly reducing nitrogen oxides and carbon dioxide emissions. Hong Kong will leverage its financial and legal advantages to attract relevant enterprises to develop and plans to formulate a code of practice for methanol bunkering
Yesterday, Hong Kong waters completed the first "ship-to-ship" liquefied natural gas (LNG) refueling, refueling a dual-fuel container ship with 2,200 tons of ultra-low temperature liquefied natural gas. The Secretary for Transport and Logistics, Lam Sai-hung, stated that this operation is an important step, and the authorities will strive to make Hong Kong a green marine fuel refueling center, creating new economic growth points for shipping and contributing to the protection of the Earth's environment.
In a blog post, Lam Sai-hung mentioned that the International Maritime Organization has established emission reduction strategies for the global shipping industry, and ships must use various types of green fuels in the future, including LNG, green methanol, green ammonia, hydrogen, and biodiesel. Compared to traditional marine fuels, using LNG fuel can achieve nearly zero sulfur emissions while reducing nitrogen oxides by about 85% and carbon dioxide emissions by 25%. She noted that Hong Kong's green marine fuel refueling is advantageous due to its flexibility, allowing for pairing with different types of fuels and vessels, providing shipping companies with diverse fuel options.
Lam Sai-hung stated that they will continue to work with the industry to make green the underlying theme of Hong Kong's future development as an international shipping center, hoping to become a trading center for green marine fuels, leveraging Hong Kong's robust financial system and legal framework to demonstrate to the world that Hong Kong is the best choice for relevant enterprises to expand their business. The authorities are also formulating a code of practice for methanol refueling and will invite the industry to submit expressions of interest for the development of a green methanol storage facility on a reserved site in Tsing Yi South
