With Maersk as one of the collaborators, Copenhagen Infrastructure Partners (CIP) revealed plans for the establishment of Europe’s largest production facility of green ammonia.
The Maritime and Port Authority of Singapore (MPA) and Yara International ASA (Yara) became the latest members of an ammonia-fuelled tanker Joint Development Project launched a year ago.
Yara International willl collaborate with Statkraft, and Aker Horizons, to establish Europe’s first large-scale green ammonia project in Norway.
The global classification society, RINA along with the Shanghai Merchant Ship Design & Research Institute (SDARI) shaked hands in order to develop a ship design capable of being fuelled by either ammonia or methanol.
PETRONAS has agreed with JERA to collaborate on a wide range of low-carbon energy initiatives, covering LNG, ammonia and hydrogen.
The major container shipping company Maersk recently issued its financial performance results for 2020, highlighting that despite the low volumes due to COVID-19, the company left 2020 with a strong balance sheet and plenty of firepower.
Ammonia as a ship fuel presents additional risks when compared to conventional liquid fuels such as LNG, LPG, and methyl/ethyl alcohol, but it is possible to lower these risks by developing alternative and additional requirements to the existing IGC Code, according to a new report by Korean Register.
ABS, Nanyang Technological University (NTU), Singapore, and the Ammonia Safety and Training Institute (ASTI) are collaborating on a study of the potential of ammonia for Singapore, exploring supply, bunkering, and safety challenges with the marine fuel.
An ABS-classed Suezmax tanker ordered by Avin International LTD, will be the first ammonia-fuel ready vessel in the world.
Blue ammonia will be the majority of future hydrogen transportation due to its lower production costs, in comparison to renewable ammonia, and how easily it can be transported compared with liquified hydrogen, according to HSBC.
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