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Suez Canal Looks to Expand
Suez Canal Chairman Gamal El-Dein says Canal Economic Zone set for rapid expansion.Egypt's Suez Canal Economic Zone (SCEZ) has invested $3 billion on infrastructure…
When it Comes to Workboat Engines, the Future is Flexible
Vessel owners are making new fuel choices, but increasingly, they have options to help reduce the risk of doing so.The latest engine developments aim to make it easier for owners to avoid the chicken-and-egg fuel price and availability risks of new fuels.As Roger Holm, President of Wärtsilä Marine and Executive Vice President at Wärtsilä Corporation recently pointed out, the challenge is that owners won’t commit to a fuel today that is expensive…
Zero-carbon Ammonia for Shipping Faces Cost, Safety Challenges
At one of the world's biggest bulk export ports in Western Australia, shippers safely completed the first transfer of ammonia from one vessel to another last month, a key test for its adoption as a marine fuel in the push for cleaner energy.The first cargo ships powered by ammonia are set to enter service in 2026, one of several alternatives the industry is tapping to shrink a carbon footprint that…
DNV Issues AiP for HD HHI’s Dual-Fuel Ammonia Container Ship
DNV has awarded an Approval in Principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for its 15K TEU ammonia dual-fuelled container vessel design.This award follows the successful completion of a joint development project aimed at addressing the challenges associated with using ammonia as a marine fuel.The project focused on developing cutting-edge designs to enhance safety, including an optimized ammonia tank design…
HHI-EMD to Deliver Methanol Engines for Evergreen Newbuilds
HD Hyundai Heavy Industries Engine & Machinery (HHI-EMD) has signed a contract with China Huangpu Wenchong Shipbuilding Company and Taiwan’s Evergreen Line to supply 18 methanol dual-fuel HiMSEN engines (7H22CDF-LM) for six 2,400 TEU container ships.HHI-EMD has successfully introduced the eco-friendly methanol HiMSEN engine H32DF-LM (3,000~4,500kW) for ultra-large container ships, with a total of 352 engines ordered and manufactured to date.Following this…
Which Shipowners are Choosing Ammonia?
The shipping industry is looking into ammonia as an alternative fuel for powering ships, amid other ongoing plans to cut carbon emissions and achieve net-zero by 2050.Here is a list of companies with ammonia-fuelled ship projects:NIPPON YUSEN KAISHA (NYK)NYK, with IHI Power Systems and Nippon Kaiji Kyokai (ClassNK), completed the world's first ammonia-fuelled tugboat, Sakigake, on Aug. 23. The vessel…
MAN Developing Ammonia-powered Engine for Medium-speed Marine Applications
MAN Energy Solutions has set out to create a four-stroke, medium-speed, dual-fuel test engine that operates on ammonia.The company on Tuesday announced the initiation of the ‘AmmoniaMot 2’ research project, building on its recent success with the world’s first two-stroke ammonia engine. Launched in partnership with various industry and research institutions and is supported by the German Federal Ministry for Economic Affairs and Climate Action (BMWK)…
ABS Conducts Ammonia Dispersion Safety Evaluation
ABS has completed a safety evaluation of ammonia dispersion on board an ammonia-fueled gas turbine LNG carrier design from Hanwha Ocean.ABS, in collaboration with Hanwha Ocean, conducted computational fluid dynamics simulations that modeled different ammonia release scenarios due to accidental leakages from the engine room, the pipeline and the bunkering stations on deck.The analysis confirmed that…
Hanwha Ocean Joins GCMD on Ammonia and Carbon Capture
The Global Centre for Maritime Decarbonisation (GCMD) and Hanwha Ocean have announced a five-year strategic partnership to advance low and zero carbon fuels, energy efficiency technologies and onboard carbon capture.The GCMD was established as a non-profit organization in 2021 founded by BHP, BW Group, Eastern Pacific Shipping, Foundation Det Norske Veritas, Ocean Network Express and Seatrium. GCMD also receives funding from the Maritime and Port Authority of Singapore (MPA)…
Nakilat Boosts Profit in Third Quarter
Qatar Gas Transport Company Q.P.S.C. (Nakilat) has achieve a net profit of QAR 1.28 billion ($352 million) in the third quarter of 2024, ended September 30.This represents an increase of 7.2% compared to the same period in 2023.Nakilat says it continues to strengthen its position as one of the world’s largest LNG fleet owners through strategic partnerships, fleet modernization and operational excellence.The…
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…
Headway Blazes the Fuel Transition Tech Field
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