In order to catch up with the ambitions of decarbonization targets for the maritime industry, shipowners are being encouraged to start proactively securing long-term contracts for green fuels from serious players as the availability of these fuels is likely to be restricted amid demand from other se
The Decarbonising UK Freight Transport (DUKFT) Network has released a new report claiming that hydrogen-derived fuels such as methanol and ammonia may be important in some niches for road and rail freight, but have the greatest role in decarbonizing domestic and international maritime freight.
Methanol producer and supplier Proman has signed a memorandum of understanding (MoU) with Japan’s Mitsubishi Corporation to examine building a low-carbon ammonia facility in Lake Charles, Louisiana. According to Proman, the proposed plant would produce approximately 1.2 million tons per year of clea
Energy company Statkraft has joined counterpart Aker Horizons as a partner on the large-scale green hydrogen and ammonia project in Narvik, Norway. The Narvik plant has a planned capacity of up to 600 MW and is said to be one of the first large-scale plants for green ammonia in Europe, with an expec
Project developer Green Energy Park (GEP) has revealed plans to build a renewable ammonia facility in Piauí, Brazil, for exports to the proposed import terminal on the island of Krk, Croatia. To this end, GEP signed a letter of intent (LO) with The State of Piauí, Brazil, for the production and expo
South Korean shipbuilding major HD Korea Shipbuilding & Marine Engineering will install ammonia dual-fuel engines in two 46,000-cubic-meter medium-sized LPG carriers that are being built for Belgian shipping company Exmar. The vessels, measuring 190 meters in length, 30.4 meters in width, and 18.8 m
Belgian tanker major Euronav revealed that it had lifted the option for a second very large crude carrier (VLCC) newbuild. The option was available under a contract Euronav signed in August with CSSC Qingdao Beihai Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC). The constr
The latest agreement between Belgian shipping major CMB and its Norwegian counterpart Frontline signals a new chapter for tanker owner Euronav, one that holds the promise of resolving long-standing disputes and steering the company toward a more diversified and sustainable future. Specifically, CMB
Stakeholders in the shipping industry have collaboratively addressed the paramount safety challenges and best practices essential for integrating ammonia as an alternative marine fuel. Specifically, the stakeholders called for safe ammonia use during an event held on October 4, 2023, in Copenhagen,
The Port of Rotterdam has announced a port fee reduction for ships that bunker sustainable fuels in Rotterdam, supporting the Zero Emissions Maritime Buyers Alliance (ZEMBA). The Port of Rotterdam highlighted ZEMBA’s recent launch of a request for proposals for the transport of 600,000 twenty-foot c
U.S. KBR has signed a memorandum of understanding (MoU) with Italy’s SolydEra to offer an integrated solution for producing lower-cost clean ammonia using renewable energy. Under the terms of the MoU, KBR will integrate SolydEra’s solid oxide electrolysis (SOE) technology into its proprietary K-Gree
Green Ships AS, a consultancy company specialized in the designing and building of ‘green’ vessels, and Bourbon Horizon AS, an international offshore shipping company, have signed a Memorandum of Understanding (MoU) with Amogy, the provider of ammonia-to-power technology, for the supply of its techn
Four energy and chemical companies have joined forces to work on the development of a large-scale low-carbon ammonia production and export project on the Houston Ship Channel, the second-largest petrochemical corridor in the world. Namely, INPEX Corporation, Air Liquide, LSB Industries, and Vopak Mo
Japanese shipbuilder Kawasaki Heavy Industries (KHI) has delivered a new LPG-powered LPG/ammonia carrier to compatriot Eneos Ocean Corporation. The vessel, named Eneos Gunjo, was delivered on September 29, 2023, as the second of Kawasaki’s LPG-fueled LPG/ammonia carriers with 86,700 cubic meter capa
