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EPS Plans to Order Ammonia Dual-fuel Gas Carrier from HHI
Eastern Pacific Shipping (EPS) announced it intends to order an ammonia dual-fuel gas carrier that will be built at South Korea's Hyundai Heavy Industries (HHI) for delivery as early as 2025, as shipowners explore emissions-reducing alternative fuels on their path to decarbonization.At the Posidonia trade fair in Athens on Monday, the Singapore-headquartered shipowner signed a memorandum of understanding (MOU) with HHI…
MISC Makes Leadership Change
MISC Group’s President/Group Chief Executive Officer (CEO), YBhg. Datuk Yee Yang Chien announced his plan to retire effective September 30, 2022. Datuk Yee will turn the helm over to Captain Rajalingam Subramaniam, MISC’s Chief Operating Officer and AET’s President & CEO, who will assume the role of MISC Group’s President/Group CEO effective October 1, 2022.Datuk Yee said, “It has been a great honour for me to be given the responsibility to lead MISC Group back in 2015.
LNG Prices Could Stay High for a Few Years, Woodside CEO Says
Woodside Energy Group, Australia's top independent natural gas producer, sees liquefied natural gas (LNG) prices staying high for a few years as the market adjusts to supply disruptions after sanctions on Russia for its Ukraine invasion."With the invasion, we are seeing the world try to move away from Russian hydrocarbons and that means that demand for LNG from places like Australia is up," Woodside Chief Executive Meg O'Neill said."We do expect ...
Ammonia-Fueled Tug Key Plank in Yokohama's Plan To Be a Carbon Neutral Port
NYK Line, IHI Power Systems Co., Ltd., and ClassNK signed a memorandum of understanding (MoU) with City of Yokohama for the acceptance of an ammonia-fueled tugboat (A-Tug) at the port of Yokohama.The conclusion of this MoU is part of the Green Innovation Fund project within Japan’s New Energy and Industrial Technology Development Organization (NEDO) for the development of vessels equipped with a domestically produced ammonia-fueled engines…
Golden Energy Offshore Looking to Power Vessels with Hydrogen
Norwegian offshore vessel operator Golden Energy Offshore has signed a letter of intent with Gen2 Energy to explore the use and availability of hydrogen-based fuel on vessels in its fleet."We hope that Golden Energy Offshore and Gen2 Energy together can find zero-emissions solutions that are attractive to our customers and capable of being implemented both on existing vessels in the fleet and newbuilds.
PHOTO: Ocean Infinity's First 78-meter Robotic Ship Hits the Water
Ocean Infinity, a seabed survey and ocean research company based in the United States, has released the first photographs of their Armada 78m remotely operated ship taking to the water, and shared them with Offshore Engineer.More than two years ago, in February 2020, Ocean Infinity first announced its plans to build the world's largest fleet of unmanned surface vehicles (USV). Then in November 2020…
Irish Port Eyes Offshore Wind Opportunities. Taps Bechtel for Assistance
Shannon Foynes Port Company has selected Bechtel to update its Vision 2041 master plan to accommodate offshore and onshore investment within and near its harbor in Ireland. Bechtel will support the company in considering how to deliver significant growth and expansion of the port, including how it can support the offshore wind industry and the production of alternative shipping fuels.Shannon Foynes…
Vopak, Gasunie Team Up to Build Hydrogen Import Infrastructure in Dutch, German Ports
Vopak, a Dutch natural gas infrastructure and transportation company operating in the Netherlands and Germany, has teamed up with the tank storage firm Gasunie to jointly develop future terminal infrastructure projects for hydrogen import into Northwest Europe via Dutch and German ports. The two companies have collaborated in the Gate LNG terminal in the Port of Rotterdam that came into operation in 2011."Alongside domestic production of hydrogen…
Höegh Autoliners Orders Four More 'Zero-carbon Ready' Car Carriers
Höegh Autoliners announced it has signed a contract to build an additional four new multi-fuel and zero-carbon ready Aurora class vessels on the same terms and specifications as the first four vessels.Höegh Autoliners said its intention is to finance the vessels by a combination of equity and debt, and noted that it is exploring several sources for credit and expect to conclude the financing well ahead…
Belgium's Exmar Loss Deepens as it Seeks LNG Ship Charterer
Belgian shipowner Exmar reported a wider loss in the first quarter of 2022 as it continued to seek a user to charter one of its giant liquefied natural gas (LNG) ships.Exmar, which offers maritime and offshore services, reported a consolidated loss after tax of $7.7 million in the first three months, against a loss of $2.2 million a year earlier.Earnings were hit by two of Exmar's mammoth floating storage and regasification units (FSRU) being out of use during the quarter…
NYK to Build Its Third LPG Dual-Fuel Very Large LPG / NH3 Carrier
NYK ordered f its third liquefied petroleum gas (LPG) dual-fuel very large LPG / liquefied ammonia gas (NH3) carrier (VLGC) from Kawasaki Heavy Industries Ltd. The…
First China-built Dual-fuel Methanol Powered Tanker Starts Sea Trials
Guangzhou Shipyard International (GSI) has started sea trials of the Stena Pro Patria, the first methanol-powered dual-fuel tanker constructed in China in what has been described as a 'watershed moment' in the development of methanol as an alternative fuel for medium-range tankers.GSI signed the deal to build three 49,990 dual-fuel DWT tankers with Proman Stena Bulk, a joint venture between Sweden-based Stena Bulk AB and Switzerland headquartered Proman in 2019.
ClassNK AIP for Ammonia-ready LNG-fueled Panamax Bulk Carrier
ClassNK issued an Approval in Principle (AiP) for the design of an ammonia-ready LNG-fueled Panamax bulk carrier developed by Planning and Design Center for Greener Ships (GSC).The AiP Handover Ceremony was conducted at the ClassNK booth at Sea Japan 2022 in Tokyo.Ammonia is expected to be used as ship fuel for decarbonization since it does not emit CO2 when burned. Meanwhile, taking adequate safety…
Suez Canal Economic Zone Signs Deals for Green Energy
Egypt's Suez Canal Economic Zone signed an agreement worth $3 billion to produce up to 350,000 tonnes of green energy for fueling ships in Ain Sokhna with a consortium that includes EDF Renewables EDF.PA and the Egyptian sovereign wealth fund, the cabinet said on Wednesday.Egypt also signed an agreement with AMEA Power of the United Arab Emirates to produce up to 390,000 tonnes of green ammonia a year in Ain Sokhna, the cabinet statement added.(Reuters - Reporting by Momen Saeed Atallah; Writing
LR Awards AIP for DSIC's Zero-carbon Bulk Carrier
Classification society LR said it has awarded approval in principle (AiP) to Dalian Shipbuilding Industry Company (DSIC), the largest shipbuilding company in China, for the first Chinese Newcastlemax bulk carrier concept to be powered by ammonia, a promising zero-carbon-emitting fuel.LR reviewed the suitability and risks of the design, applying its expertise in designs for ships powered by alternative fuels.
Partners to Develop Green Corridor for Australia-Asia Iron Ore Shipping
A consortium, led by the Global Maritime Forum and consisting of BHP, Rio Tinto, Oldendorff Carriers and Star Bulk Carriers Corp., signed a letter of intent (LOI) to assess the development of an iron ore Green Corridor between Australia and East Asia.To mobilize demand for green shipping and to scale zero- or near-zero greenhouse gas emission shipping, governments and industry decision-makers are increasingly…
Samsung Heavy Industries, Seaborg Partner to Develop Floating Nuclear Power Plant
As the world increasingly searches for a means to reduced carbon footprint, compact floating nuclear power plants are emerging as a serios contender. To this end, Samsung Heavy Industries (SHI) and Seaborg signed a partnership agreement to develop floating nuclear power plants based on Seaborg's Compact Molten Salt Reactor (CMSR). The agreement includes development of hydrogen production plants and ammonia plants…
Alfa Laval E-PowerPack Converts Waste Heat into Power
Alfa Laval's newly launched E-PowerPack converts waste heat into power, enabling energy savings and compliance.Waste heat is a readily available but under-utilized energy source on board. Heat in the engine exhaust gas accounts for 50% of the energy from combusted fuel, and there is additional heat to recover from steam and liquids. Alfa Laval's new E PowerPack puts all these heat sources to work for…
Ammonia-fueled Car Carrier Design Gets DNV Nod
Classification society DNV said it awarded an approval in principle (AIP) certificate to Shanghai Merchant Ship Design and Research Institute (SDARI) for its ammonia-fueled 7,000 CEU car carrier design.Ammonia is emerging as a promising alternative fuel option for shipping to help reduce greenhouse gas emissions.SDARI's new ammonia-fueled pure car and truck carrier (PCTC) design is said to be the first from China.
Yara to Set Up Scandinavian Green Ammonia Bunkering Network
Norway's Yara and Azane Fuel Solutions have signed a deal to create a Scandinavian network of bunker terminals to supply ships with zero-carbon ammonia as marine fuel, the companies said on Friday.They said the network will make "green" ammonia - produced from renewable electricity - available for the shipping industry in the region by 2024, which is also when the first ships with ammonia-fueled engines are expected to enter the market.A hydrogen-carrying chemical primarily used as a fertilizer…