DNV GL and Korea Shipbuilding & Offshore Engineering (KSOE) signed a memorandum of understanding (MOU), aiming to cooperate on the development of low and zero carbon ship technology.
As DNV GL said, the MOU is responding to the growing market, public, and regulatory pressure on the shipping industry, to reduce GHG emissions.
The MOU aspires to develop new solutions for zero-emission ship technologies. The project will include additional study on LNG as a ship fuel, as well as an assessment on its potential as a transitional step to zero-carbon options.
Namely, KSOE and DNV GL will collaborate to carry out research on analyzing future ship fuels like LNG, hydrogen, ammonia and biofuels, in order to verify both the fuel supply and propulsion systems to use those fuels, and assessing bunkering convenience and safety.
Alongside improvements to energy efficiency, new low and zero-carbon fuels will play an essential role in the maritime industry of the future. The ongoing energy transition is starting to reshape the shipping industry and this collaboration is an opportunity to provide competitive and practical solutions to the entire industry
stated Conn Fagan, DNV GL – Maritime, Vice President.
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What is more, DNV GL’s recent report ‘Maritime Forecast 2050’, identified fuel flexibility and technologies to bridge changing fuel usage as important strategies for the shipping industry to adapt to the energy transition and prepare for a low carbon future.
Specifically, in the deep-sea segment, dual-fuel solutions and alternative fuel ‘ready’ solutions could make the transition easier, by laying the groundwork for future retrofits.
In addition, the report forecasts that by 2050, carbon-neutral fuels will supply 30 to 40% of the global fleet’s total energy, with liquefied methane gas accounting for 40-80% of the energy mix.
Finally, the Maritime Forecast also reports that that ammonia, bio-diesel, liquid bio-gas and electric fuel could be promising carbon neutral options for deep-sea operation.