A COMPELLING OPPORTUNITY

Shipping is the backbone of the global economy, responsible for about 90% of world trade. But it also accounts for almost 3% (and rising) of GHG emissions. If left unchecked shipping GHG emissions will increase by ​130% by 2050.​

The Clean Marine Fuel Institute (Clean MFI) is an independent not for profit organisation established to enable LNG, the cleanest alternative available today, to be a primary fuel for marine transportation.

Clean MFI’s position is that the marine industry can only meet and exceed the IMO GHG emission targets through early adoption of alternative marine fuels as we work towards zero-emission fuels.

“There is a strong business case for this change, one that will see us play a leading role in the supply of cleaner emerging fuels, leading to significant industry and jobs growth and emission reduction for Australia,” Ms Matthews says.

“We expect alternative fuels to play a significant role in the shipping industry achieving the IMO 2050 50% net emission target and LNG will be a large part of the marine fuel mix beyond 2050.”

Lower emissions = Cleaner Environment - LNG MFI

Australia fulled by gas - LNG MFI

REDUCING GREENHOUSE

GAS EMISSIONS

Australia fuelled by gas - LNG MFI

While there’s no single pathway to a low emissions future, expanding the use of LNG as a transition marine fuel is one way to help reduce GHG from shipping and help reduce this country’s environmental footprint.

Since 2016 Clean MFI (Nee LNG MFI) has worked to bring together key players to develop a cleaner marine fuel industry in Australia with coincident impacts on land transport fuels.

A recent life cycle assessment (LCA) was carried out by Energetics comparing the performance of Woodside LNG, based on the Pluto LNG supply chain, with heavy fuel oil (HFO) in shipping applications.

It showed that if LNG was used in iron ore carriers operating from the Pilbara, life cycle greenhouse gas emissions would be up to 33% lower than if HFO were used.

The analysis found that If all iron ore exports from the Pilbara were shipped using LNG instead of HFO, the greenhouse gas savings would be up to 5.8 million tonnes of carbon dioxide equivalent per year, equal to taking 1.8 million cars in Australia off the road or 7,500 full Dreamliner flights flying Perth to London return.

Members and partners of LNG MFI comprise the complete supply chain from major ship charters like Rio Tinto, fuel producers such as Woodside and Santos, ship builders, ports, and business, legal and management consultants.

MAKE THE SWITCH.

CHANGE THE GAME

Make the switch. Change the game - LNG MFI

IMO GHG emission targets have created opportunities for us as a nation to adopt clean marine fuels and, along with our members, we are committed to making this happen.

Our success will be measured through how efficiently and effectively we are able to help our members turn this into a reality.

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