K Line and MPA Singapore joined a consortium which wants to develop an ammonia bunker supply chain in Singapore.
The Consortium consists of Maersk, Fleet Management Limited, Keppel Offshore & Marine, Maersk Mc-Kinney Moller Center for Zero Carbon Shipping, Sumitomo Corporation and ABS.
During the Singapore Maritime Week on 6 April, a memorandum of understanding (“MOU”) was signed by the Consortium with “K” LINE and MPA to develop the ammonia bunkering ecosystem at the Port of Singapore.
This follows a feasibility study jointly launched by the Consortium in March 2021 to develop an ammonia bunker supply chain in Singapore. In the past year, the Consortium identified potential ammonia supply sources and indicative costs, as well as undertook the preliminary design and cost estimation for critical infrastructure, such as ammonia storage tanks and bunkering vessels, leading to the AiP from ABS for the bunker vessel design.
With the addition of “K” LINE and MPA Singapore as new members, the parties will build on the current findings and begin development works to establish an integrated supply chain, with the goal to commence ammonia bunkering by 2030.
The parties will continue to seek cooperation with various stakeholders of the maritime industry and relevant Singaporean ministries and agencies to realize the world’s first ammonia fuel supply chain.
