During this year’s European Maritime Day, held in Piraeus on 28-29 May 2015, took place a special workshop organized by the European Commission – DG Mobility and Transport dedicated to LNG for shipping. OceanFinance participated in the event and contributed to the discussion over the latest EU and IMO environmental regulations, the risks and opportunities of LNG as a shipping fuel and the gaps and bottlenecks in existing EU and National regulations for LNG’s adoption with Dr. Zacharioudakis presentation about “POSEIDON MED: The LNG Bunkering Project for the East Mediterranean Sea”.

This year’s European Maritime Day in Pireaus has gathered state representatives, CEOs, stakeholders, scientists and experts around Europe and beyond to a very successful event, where were discussed various opportunities and challenges of the maritime sector. Participants of the Conference presented and shared the best practices of their countries in order to facilitate blue growth within the dynamic area of ports and seas.

As such the LNG FOR SHIPPING: RISKS AND OPPORTUNITIES session was organized to contribute to the discussion over the challenges of the maritime sector focusing on the preliminary results of a study launched by DG-MOVE with the support of Price Waterhouse Coopers and DNV-GL. The study’s first results about the perception of the risks and opportunities of LNG as a shipping fuel and the gaps that exist in the regulatory framework for LNG-fuelled ships and the provision of LNG fuel were placed under discussion in an effort to address issues and define solutions towards the LNG era.