Presentation on theme: "FUELLING THE FUTURE David Balston Director Safety & Environment UK Chamber of Shipping 20 June 2013."— Presentation transcript:
FUELLING THE FUTURE David Balston Director Safety & Environment UK Chamber of Shipping 20 June 2013
MINISTERIAL U TURN?
4 Retrofit scrubbers LNG and alternate fuels Use of low sulphur fuel OPTIONS FOR MEETING THE REGULATIONS
Lower sulphur fuel costs more... Range of values is $ per tonne, with an average of $315 per tonne. Assumes that fuel is available and can be imported. Refinery capacity and competition for middle distillate could cause a general increase in the price faced by all users. Effect on road diesel ~ 2.76p per litre = £720 Million in increased cost for drivers.
Ticket prices increase... Western Channel – Passengers; an average of 8% and 13%, – Lorries and unaccompanied trailers; between 8% and 29%, North Sea and container routes – Passengers; between 5% and 20%. – Lorries; between 5% and 21%; – Unaccompanied trailers and containers between 5% and 17% Unsurprisingly the longer the journey the greater the price increase
Estimate of Km’s switched to road in UK North Sea Western Channel
Route viability Western Channel
Route viability North Sea
11 Route closures Job losses Loss of business activity Negative environmental impacts TRANSITIONAL ARRANGEMENTS TO AVOID: