Sustainability

LNG and RNG is the Greener Option

Seaside emphasizes integrity, environmental stewardship and employee health and safety along with appropriate governance to protect the needs of our investors and the communities in which our investments operate.

  • Did you know?
Seaside LNG has successfully performed more than 400 safe LNG transfers.

LNG and RNG Supports the Goal of IMO Regulations

International shipping accounts for about 2.2% of all global greenhouse gas emissions and 2.1% of CO2 emissions, according to the UN International Maritime Organization (IMO)’s most recent data. The IMO 2023 regulation is part of the IMO Greenhouse Gas Strategy, which aims to reduce carb on emissions from international shipping by 40% by 2030 and 70% by 2050 versus the 2008 levels.

The goal of IMO regulations is to provide environmental and health benefits for ports and nearby coastal areas by progressively decreasing emissions produced by heavy bunker fuels, especially sulphur oxides (SOx) and particulate matter (PM).
Issa, Mohamad & Ilinca, Adrian & Ibrahim, H. (2019). A Review and Economic Analysis of Different Emission Reduction Techniques for Marine Diesel Engines. Open Journal of Marine Science. 09. 10.4236/ojms.2019.93012.

LNG Lowers Emissions Across the Board

Across the board, our solutions support a cleaner fuel supply compared to heavy fuel oil across the marine shipping industry. In addition to reducing CO2 emissions, LNG dramatically cuts back SOx, NOx and particulate matter releases by more than 80%.

International Shipping Compared to Countries

If treated as a country, international shipping would be equivalent to the sixth largest emitter of energy-related CO2 when compared to other countries.

Sources: International Council on Clean Transportation, Netherlands Environment Assessment Agency

LNG Bunkering Offers Economic & Environmental Benefits

LNG is the most compelling bunker fuel for achieving decarbonization aims. LNG has become the lowest cost, clean fuel alternative, as compared to heavy fuel oil and very low sulfur fuel oil. As a well-established technology, LNG is quick to deploy with relatively low supply chain risk. In addition, LNG has proven to have the:
  • Lowest direct fuel cost
  • Lowest in emissions vs. other bunker fuels
  • Fastest capital cost recovery
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Future of LNG and RNG

In September 2021, Seaside LNG and TOTE completed the first fueling of a marine vessel in the U.S. with a blend of LNG and Renewable LNG, opening the potential for applying renewable identification numbers to marine transportation fuels.

Because Renewable Natural Gas (RNG) does not require special or upgraded equipment to capture or transport it, RNG is a clean, drop-in fuel source that can be readily deployed for use today.

"Supplying LNG sourced from RNG further supports our commitment to aid the shipping industry’s transition to a net-zero emissions future.”

Tim Casey, CEO