Independent journal on economy and transport policy
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Société Générale joins to alliance SEA \ LNG that promotes the marine which combustible GNL
The participation has the scope to bring a financial point of view to the coalition
January 15, 2018
The French investment bank Société Générale has announced own adhesion to marine, industrial and energetic industrial alliance SEA \ LNG that is constituted to half 2016 by primary societies of the shipowning field, between which Carnival Corporation, DNV GL, ENGIE, ENN, GE, GTT, Lloyd's Register, Mitsubishi Corporation, NYK Linens, Port of Rotterdam Authority, Qatargas, Shell, TOTE and Wärtsilä, with the scope to accelerate the employment of which combustible the which liquified natural gas to naval use.
Société Générale has emphasized of being the first institution financial institution to join to the coalition and has explained that its participation has the scope to bring a financial point of view to the group. "I use it of the GNL as combustible marine - it has observed in charge of the financings of the financial institution to the field of the marine transport, Paul Taylor - it is gradually becoming a total truth. Online with our wider environmental engagement for the promotion of more ecological solutions, Société Générale recognizes the benefits of the liquified natural gas, regarding traditional marine fuel, in reducing the local pollution and the gas emissions greenhouse. Société Générale intends to play a role key in supporting coalition SEA \ LNG in the attainment of its objective to return the GNL beginning from a valid marine fuel 2020".
On January 1°, 2020 it will be in fact the date of effectiveness of the new international norms that fix the limit of the sulfur tenor in fuel to marine use to 0.50% in mass(on 28 October 2016). SEA president \ LNG, Peter Keller, has evidenced that, since such given is more and more near, "the employment of the natural gas which liquified as continuous marine fuel to grow. The innovative financing - it has found Keller - is a member essential in order to pull down the barriers to its uses and Société Générale is in front line in the development of contexts within which supporting this evolution. Therefore we are pleased to receive them in our coalition, that it is increasing own consistency, and do not see the hour to benefit of the their immense acquaintances and experiences".
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