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SAFETY4SEA

HMM inks MoU with LOTTE Fine Chemical on ammonia bunkering

by The Editorial Team
April 24, 2023
in Green Shipping
HMM inks MoU with LOTTE Fine Chemical on ammonia bunkering

Credit: HMM

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HMM has signed an MoU (Memorandum of Understanding) with LOTTE Fine Chemical which covers the bunkering of ammonia and methanol fuel.

According to the terms of the agreement inked today, HMM will transport ammonia fuel secured by LOTTE Fine Chemical and will be in charge of overall vessel operation during transit. LOTTE Fine Chemical, which owns Korea’s largest ammonia storage facility, intends to supply ammonia and methanol fuel to HMM’s vessel.

We are generating enterprise-wide efforts to accelerate our environmental initiatives for a carbon-free future. We will continue to explore sustainable and clean energies and find a way to go green

…said an HMM official

RelatedNews

Chinese and EU ports join forces for three green shipping corridors

Assessment finds EU is well on track to achieve its 2030 targets

Furthermore, HMM announced last week that it plans to conduct field tests of an onboard carbon capture system (OCCS) for containerships along with SHI (Samsung Heavy Industries) and PANASIA in the second half of this year.

HMM inks MoU with LOTTE Fine Chemical on ammonia bunkeringHMM inks MoU with LOTTE Fine Chemical on ammonia bunkering
HMM inks MoU with LOTTE Fine Chemical on ammonia bunkeringHMM inks MoU with LOTTE Fine Chemical on ammonia bunkering
Tags: alternative fuelsammoniabunkeringgreen practicesHMMmethanolMoU
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