None of the alternative fuels being discussed today as the potential fuels of the future, such as LNG, ammonia or hydrogen, will be able to cut it, Ioanna Prokopiou, Chief Executive Officer of dry bulk trading company Sea Traders, believes. Speaking during a Lloyd’s List forum during Posidonia Week,
Danish investment entity Innovation Fund Denmark has announced the establishment of a consortium to develop a two-stroke, ammonia-fuelled engine for maritime shipping. It aims to specify and demonstrate an entire, marine-propulsion system that will pave the way for the first commercial order for an
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has obtained approval in principle (AIP) from classification society Lloyd’s Register (LR) for a 23,000 TEU ammonia-powered super large containership design.
A new fuel cell project aimed at constructing a pilot system that can use different types of fuel was presented to Norwegian Prime Minister Erna Solberg on 1 October 2020.
Lloyd’s Register has granted Approval in Principle (AiP) to Samsung Heavy Industries (SHI) for its ammonia-fuelled tanker design. This represents a key progress milestone in the joint development project LR and SHI announced with industry leading partners MISC Berhad and MAN Energy Solutions in Janu
DNV GL pointed to a relatively limited uptake of hydrogen as a ship fuel in the fourth edition of its Maritime Forecast to 2050 presented on Tuesday. The surprising assessment is a result of both the estimated price of the fuel and the investment costs for the engine and fuel systems. The forecast a
Japanese shipping company NYK Line, classification society ClassNK and power systems provider IHI Power Systems recently signed a joint research and development agreement to put the world’s first ammonia-fueled tugboat into practical use.
There are 66 projects zero-emission pilots and demonstration projects underway in shipping, according to the preliminary results of a mapping exercise carried out by the Getting to Zero Coalition. As explained, the mapping seeks to build awareness and understanding of the pilot projects currently un
On August 6, Japanese shipping company NYK Line, shipbuilder Japan Marine United Corporation (JMU), and classification society Nippon Kaiji Kyokai (ClassNK) signed a joint R&D agreement for the commercialization of an ammonia-fueled ammonia gas carrier (AFAGC) that would use ammonia as the main fuel
Hyundai Mipo Dockyard (HMD), a shipbuilding unit of Korea Shipbuilding & Offshore Engineering Co., has secured an Approval in Principle (AiP) from Lloyd’s Register for its ammonia-powered design of a 50,000 dwt MR tanker. The shipbuilder has been working on a joint development project of ammonia-bas
A Shell study released on Tuesday exploring how the shipping industry is working to slash its emissions has confirmed LNG as one of the main transition fuels. The report named “Decarbonizing Shipping: All Hands on Deck” is a joint research by Shell and Deloitte. Shell says the report lays a “roadmap
The Finnish technology group Wärtsilä, is set to start the world’s first long term, full-scale, testing of ammonia as a fuel in a marine four-stroke combustion engine.
The path toward decarbonization of the shipping industry in line with the IMO 2050 target – a reduction of 50% by 2050 compared to 2008, which still fails to deliver fully on the Paris Agreement objectives, is filled with uncertainty, which might be the main obstacle to the very vision this journey
On the UN’s World Oceans Day, energy company Equinor is launching its ambitions for reducing own emissions from ships, detailing how the company will help decarbonise shipping.
