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ONE Slashes Scope 1 Emissions
Singapore-based liner company Ocean Network Express (ONE) has released its Sustainability Report 2024 which indicates that it has achieved a 62% reduction in Scope 1 emissions intensity in FY2023 from a 2008 baseline.These efforts have yielded a 21% reduction in emissions intensity from 2018 to 2023.ONE has also received approval in principle for an ammonia dual vessel along with an investment in 12 13,000 TEU methanol dual-fueled vessels.
Greek Shipowners Betting Billions on Gas
Greek shipowners have spent an unprecedented $18 billion on newbuild gas vessels since 2021 as companies diversify their portfolios away from traditional tanker, bulker and container asset classes according to new research by Veson Nautical's data intelligence arm VesselsValue.Approximately $13.8 billion of the figure has been spent on 59 liquefied natural gas (LNG) vessels, and approximately $4 billionn on 41 liquid petroleum gas (LPG) vessels…
LPG ‘Pre-fit’ Option for WinGD X-DF-A
WinGD introduced an option for its X-DF-A ammonia-fuelled engines to be delivered capable of running on liquified petroleum gas (LPG), a ‘pre-fit’ solution that could be of interest to vessels under construction for the anticipated global trade in ammonia, which will also be capable of transporting LPG.Named X-DF-P for the propane that is LPG’s primary component, the solution will be released to enable first engine deliveries in 2027…
ABS Unveils Rules for Floating Nuclear Power Plants
The industry’s first comprehensive rules for floating nuclear power plants have been unveiled by American Bureau of Shipping (ABS) at a forum for nuclear industry leaders held jointly with Idaho National Laboratory (INL).Held at ABS’ world headquarters in Texas, the event saw presentations on the latest reactor technologies from leading companies and publication of a detailed study from ABS and Herbert Engineering modeling the design…
AW Shipping Places $250M Order to Chinese Shipyard for Two New VLACs
AW Shipping, a joint venture between ADNOC L&S and Wanhua Chemical Group, has awarded contracts worth $250 million to China’s Jiangnan Shipyard for two additional Very Large Ammonia Carriers (VLACs).The VLACs each have a carrying capacity of 93,000 cubic meters of ammonia, making them among the largest ammonia carriers in the world.Scheduled to be delivered between 2027 and 2028, the vessels will be…
Maritime Industry's Fuel Quality Issues Persist
Ongoing concerns around fuel quality continue to be a critical factor and significant expense for the maritime industry, according to the Lloyd’s Register (LR) Fuel Quality Report 2024.The report, produced by LR’s Fuel Oil Bunker Analysis and Advisory Service (FOBAS), reveals the overall state of fuel quality in 2024 remains much like that of the past few years, particularly since the transition to predominantly very low sulphur fuel oil (VLSFO) in 2020.
Global Orderbook Likely to Shrink
VesselsValue has released its Q4 2024 Market Outlook indicating a forecast period up to 2027 which suggests a mixed outlook across different vessel types.The company anticipates that orders for bulkers and tankers will gain momentum, while demand for containers and LNG/LPG vessels will decline. Despite the expected rise in bulker and tanker orders, the overall orderbook will likely shrink due to a surge in deliveries for container and gas vessels.Geopolitical tensions…
Singapore Bunker Standards for Methanol, Ammonia to Come by 2025
New standards for bunkering methanol and ammonia will be developed by 2024 and 2025 respectively, the Maritime and Port Authority of Singapore (MPA) said on Wednesday.The world's largest vessel refueling hub is preparing for higher uptake of alternative bunker fuels, which shippers are considering using to help lower carbon emissions."The standards will cover custody transfer requirements, safety procedures and crew competencies, to ensure safe bunkering operations and handling of these fuels,"
New Partnership Targets CO2 Tank Development
Provaris Energy and Yinson Production Offshore have agreed to develop storage tank solutions for the bulk storage and marine transportation of CO2.Yinson Production and Provaris will jointly evaluate the technical and economic viability of adapting Provaris’ proprietary tank design for compressed hydrogen to the bulk-scale storage and transport of compressed and liquid CO2.Provaris says that, currently…
Ammonia Ship-to-Ship Bunkering Boom earns ClassNK AIP
NYK and TB Global Technologies Ltd. (TBG) received a certificate for approval in principle (AiP) from Nippon Kaiji Kyokai (ClassNK) for the ship-to-ship supply of fuel ammonia. The AIP was conferred last week at Gastech in Houston.The most distinctive feature of the boom is a TBG-developed emergency-release system that allows the connection between an ammonia-fueled vessel and an ammonia bunkering vessel (ABV) to be disconnected instantly in an emergency.In acquiring the AiP…
ABS Grants AIP for Ammonia Fuel Retrofit Solution
An ammonia fuel supply system that can be retrofitted to existing vessels or installed on newbuilds has earned approval in principle (AIP) from ABS.The ammonia fuel supply system from Nikkiso Clean Energy & Industrial Gases features high efficiency pumps and an integrated fuel management system.Konstantinos Fakiolas, Director of Marine, Nikkiso Clean Energy & Industrial Gases, said: “Nikkiso’s FSS for ammonia is designed under the principles of redundancy…
Navigating a Safe Future for Us and Our Marine Environment
Navigating our oceans safely is always at the center of our maritime operations, whether it’s while deploying instrumented moorings, weighing up to tens of tons and measuring multiple kilometers in length, or working in remote, ice-packed regions.World Maritime Day 2024 (September 26) – 50 years since the SOLAS convention was adopted – is reflecting on how we continue to navigate a safe maritime future.
Unmanned Engine Room Planned for Ammonia-Fueled Ships
ABS has awarded approval in principle for two new autonomous technologies from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HHI).The Unmanned Ammonia Engine Room technology allows for a remote propulsion control station with gas safety technology on the navigation bridge of an ammonia-fueled vessel with the capability to monitor the machinery space. The centralized…
Amogy's Ammonia-powered Tugboat Sets Sail
A 67-year-old tugboat converted to run on Amogy's cleaner-burning ammonia-to-power technology has set sail for the first time in upstate New York.The 105-foot tug, originally built in 1957 and recently renamed NH3 Kraken, is the first vessel globally fitted with the innovative, carbon-free power system, developed by Amogy to reduce emissions from hard to abate sectors such as maritime.The conversion project was carried out at Feeney Shipyard in Kingston, N.Y.
AI, 5G, Digital Twins Deployed at Smart Shipyard
ST Engineering has officially opened its new shipyard located at 55 Gul Road in Singapore.The Gul Yard was acquired in February 2023 for S$95 million ($74 million) and will replace ST Engineering’s Tuas Yard, whose lease expires at the end of 2024.Twice the size of its existing Tuas Yard, the Gul Yard is designed to handle larger, more complex projects and will enable ST Engineering to explore new market segments…
OSRL Developed Emergency Response Plan for Pilbara Ammonia Transfer
Oil Spill Response Limited (OSRL) developed the emergency response plan for the recent ammonia ship-to-ship transfer pilot conducted at the Port of Dampier in the Pilbara region of Western Australia.The operation was a a tripartite collaboration between the Global Centre for Maritime Decarbonisation (GCMD), Pilbara Ports and Yara Clean Ammonia (YCA).Two transfers took place between the Green Pioneer, owned by Mitsui O.S.K.
ABS Approves US' First Ammonia Bunker Barge
The initial design for a new ammonia bunkering articulated tug-barge (ATB) has been granted approval in principle (AIP) from classification society the American Bureau of Shipping (ABS).The partners behind the project, including ABS, A.P. Moller – Maersk A/S, Fleet Management Limited, Georgia Ports Authority, Maersk Mc-Kinney Moller Center for Zero Carbon Shipping (MMMCZCS), Sumitomo Corporation and TOTE Services…
McDermott, BW Offshore Team Up for Blue Ammonia Production on FPSOs
McDermott and BW Offshore have entered into a collaboration to advance the technical and commercial viability of offshore blue ammonia production aboard a floating production storage and offloading (FPSO) facility.The strategic partnership aims to enable a viable pathway for offshore blue ammonia production, contributing to the global transition to low-carbon energy sources, and reinforcing both companies'…
IMODCO’s Terminals for Offshore Ammonia Transfers Receive ABS’ Seal of Approval
American Bureau of Shipping (ABS) has issued approvals in principle (AiPs) for a range of jetty-less new energy terminal concepts to move frequent, large-volume ammonia transfers away from shore, developed by SBM Offshore’s division IMODCO Terminals.IMODCO is applying a proven jetty-less system for moving crude oil to support the supply chain for new fuels such as ammonia.ABS reviewed the designs for IMODCO’s Catenary Anchor Leg Mooring (CALM) buoy…
KR Approves Design of SHI’s 9,300 TEU Ammonia-Fueled Container Ship
KR (Korean Register) has awarded an Approval in Principle (AiP) to Samsung Heavy Industries (SHI) for its 9,300 TEU ammonia-fueled container ship.The development of the 9,300 TEU ammonia-fueled container vessel marks a key step in advancing ammonia fueled propulsion technology, according to KR.SHI has developed an entirely new structural layout and the vessel’s design which includes specialized fuel tanks…
Headway Blazes the Fuel Transition Tech Field
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