Seaspan Energy Paves Way for Lower-Carbon Shipping in B.C.

Seaspan Energy has completed its 150th ship-to-ship liquefied natural gas (LNG) bunkering operation, solidifying its position in the industry. This achievement comes just under two years since SE launched its operations and is enough to place it seventh overall in Lansdowne Moritz's LNG bunkering volume rankings.

LNG remains the leading alternative marine fuel, with approximately 470 LNG-fueled ships in service globally and more than 400 on order. This is well ahead of other alternatives like methanol, which has only four ships ordered in the first half of 2026.

The World Bank Group's (WBG) 'Ports, Ships, and Fuels' report estimates that by 2040, supporting global maritime fuel supply could require about US$310 billion for green ammonia, US$81 billion for green methanol, and US$42 billion for renewable LNG. China is leading the push to dominate green shipping initiatives, with a target of more than 50% for green-powered vessels in international markets.

British Columbia has natural resource and geographic advantages that could establish it as a player in the transpacific shipping theatre. However, it needs private-sector mettle and government commitment to leverage these advantages.