We recognize there is growing interest in the use of liquefied natural gas (LNG) for the marine industry because it is a cleaner fuel that can reduce air pollutants and greenhouse gas emissions. Cargo and cruise ships need to refuel—or bunker, as it is referred to in the marine industry—when they arrive at a port. Our early studies show that with the introduction of the International Maritime Organization 2020 global application of the fuel sulphur limit and the greenhouse gas regulation in 2023, we can expect the number of LNG-powered ships to increase. We are working to help support the transition to LNG as a marine fuel and are anticipating that LNG bunkering services at the Port of Vancouver will be available as early as 2022.
We are working with industry, government and academia to better understand the potential environmental benefits, costs and risks associated with LNG as a marine fuel. We are members of the Society for Gas as a Marine Fuel (SGMF) and the SEA\LNG Coalition.
In 2019, the Government of British Columbia announced its partnership with the port authority and regional gas utility, FortisBC, to establish the first ship-to-ship LNG marine fueling facility on the west coast of North America.