The Castor Initiative has announced that TotalEnergies has become the eighth partner to the global coalition that is committed to make zero emission shipping a reality.
The global coalition, which includes MISC Berhad (MISC), Lloyd’s Register (LR), Samsung Heavy Industries (SHI), MAN Energy Solutions (MAN), the Maritime and Port Authority of Singapore (MPA), Yara Clean Ammonia (Yara) and Jurong Port, was established in January 2020 and its most recent project milestone was the April 2022 memorandum of understanding for a pair of zero emission deep-sea tankers vessels.
With TotalEnergies as the Castor Initiative’s latest partner, the multinational coalition has added to its diverse circle of maritime expertise to ensure and support the complete ecosystem required for ammonia-fuelled tankers to operate sustainably and safely.
TotalEnergies will bring its operational experience to this global alliance to support the maritime industry’s drive to decarbonisation.
We are enthusiastic to join the Castor initiative, one of the most comprehensive and ambitious project dealing with ammonia as a fuel today
said Jérôme Cousin, Senior Vice President Shipping, TotalEnergies.
In addition, Kenneth Lim, Assistant Chief Executive (Industry & Transformation), MPA Singapore noted that “the decarbonisation of the fleet and development of green ammonia supply chain and other hydrogen carriers to meet IMO targets will require the commitment of diverse stakeholders across the entire value chain.”