Riding the Decarbonisation Wave BHP and its LNGFuelled Vessels
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“Riding the Decarbonisation Wave BHP and its LNGFuelled Vessels” This is the first time I am writing about a company that has taken the lead on the decarbonization of its global fleet by investing in green power. BHP, the world’s largest mining company, has pledged to be carbon negative by 2030. It has already invested in clean power and plans to achieve a 25% reduction in its carbon emissions from 2005 levels by 2020
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Riding the Decarbonisation Wave BHP and its LNGFuelled Vessels Decarbonisation has always been a major challenge globally. While we are aware that the reduction of greenhouse gas emissions is an important step towards sustainable living, the process of decarbonisation has been slow, and its pace has been significantly slowed down by several factors. Among them, the lack of adequate infrastructure, lack of public interest, lack of finance and lack of regulation. These challenges have made a
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In December 2019, the BHP announced its plan to have 30 Liquefied Natural Gas (LNG) fueled vessels (LNGFVs) in operation by 2023. The company plans to operate five LNGFVs in its Tailor project in Western Australia’s Escondida mine, which is already operated by BHP. The LNGFVs will transport around 12 million tonnes per annum (Mtpa) of copper cathode concentrate to the port of Es
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I’m the World’s Top Expert Case Study Writer I’ve ridden the decarbonisation wave of LNG shipping and LNG powered vessels since the dawn of decarbonisation’s era. I started out as an early user of LNG fuelled vessels when LNG fuelled LNG tankers weren’t even on the drawing boards (back in 2015/2016) and a 18,000 dwt ice-class vessel (Ice-1) was being assemble
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Riding the Decarbonisation Wave: BHP’s “LNG-powered” Vessels BHP is one of the largest mining companies in the world, and it’s also an environmental activist, as it has committed to becoming a zero-emission company by 2050. The Australian company has recently made significant progress in decarbonising its operations with the launch of “LNG-powered” vessels. More Bonuses I have written about this case study for BHP’s LNG-powered vessels on a
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When Riding the Decarbonisation Wave (RDW), BHP announced the expansion of its VLGCs in the last few months. The group’s VLGCs are the world’s largest and most modern vessels with fuel capacity of up to 10 million litres per day. The LNG-fueled capacity of VLGCs has also expanded from 3 to 12 million litres per day, and BHP has a target to reduce its greenhouse gas emissions by 30% over the medium term, which