The joint development project is examining LNG as fuel, its technology specification and costs including performance, as well as the potential safety implications of its use on a 14,000-teu container vessel.
The project is part of an effort by Capital to implement processes, and develop systems addressing sustainability. Priority has been given to the promotion of a safety culture and environmental stewardship, as well as the training and support of seafarers.
The strategy will also encompass a drive to reduce the energy required to operate ships - exploring the potential of alternative marine fuels, particularly LNG.
At a project launching ceremony during Posidonia 2014, Capital chairman Evangelos Marinakis, said: "We think that competitive LNG pricing and an adequate global LNG bunkering infrastructure could be a reality within five to ten years. We want to be ready."
LR is providing independent verification of Capital’s sustainability performance as well as supporting the LNG fuel development project. The classification society has a portfolio of vessel design projects underway supporting the expansion of LNG as a maritime fuel.
