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WinGD to Deliver CMB.TECH Ammonia Engines
WinGD has concluded a four-party agreement underwriting Belgian bulk carrier operator CMB.TECHâs order of X72DF-A ammonia-fueled engines.CSSC Qingdao Beihai Shipbuilding (QBS) and engine builder CSSC Engine Co (CSE) were the other signatories in the joint undertaking to power a series of 210,000dwt bulk carriers to be delivered from Qingdao through 2025 and 2026.Following confirmation of the engine orderâŚ
DNV Reports More New Fuel Car Carrier Orders
According to the latest figures from DNV's AFI platform, November saw eight new vessels with alternative fuel propulsion ordered. Among these, four were for LNG-powered ships, while the remaining four were methanol-powered. All eight orders were withing the RoRo and car carrier segment.So far this year, the platform has logged 268 new orders for alternative fuel vessels, including 112 LNG- and 152 methanol-powered ships.
Maersk Tankers, Mitsui Order Up to 10 Very Large Ammonia Carriers
Maersk Tankers confirmed an order for up to 10 very large ammonia carriers (VLAC) has been placed with Hyundai Samho Heavy Industries in Korea. Mitsui & Co., Ltd. will join as a co-investor in the first four vessels. The vessels will be operated by Maersk Tankers.The 93,000 cbm newbuilds will be among the largest ammonia carriers in operation, capable of carrying a full cargo of ammonia. The first four firm VLACs are due to be delivered from late 2026 onwardsâŚ
ExxonMobil CEO Rebuffs IEA Criticism of Carbon Capture Strategy
ExxonMobil CEO Darren Woods on Saturday rejected the International Energy Agency's recent claim that using wide-scale carbon capture to fight climate change was an implausible "illusion", saying the same could be said about electric vehicles and solar energy."There is no solution set out there today that is at the scale to solve the problem," Woods told Reuters on the sidelines of the COP28 climate summit in Dubai."SoâŚ
Gensets: New Fuels but Perennial Goals
Fuel flexibility may be a key driver for recent developments in gensets, but the perennial goals of lowering CapEx and OpEx remain.Fuel flexibility is one of the pillars of decarbonization that is being embraced by genset OEMs. Fuel efficiency, a second pillar, goes hand in hand with that because new fuels will be more expensive, but these concerns come in addition to the on-going drive to reduce CapExâŚ
Yara Plans Worldâs First Ammonia-Powered Container Ship
Yara Clean Ammonia, North Sea Container Line, and Yara International have joined forces to realize the world's first container ship that will use clean ammonia as fuel. Named Yara Eyde, the vessel will be the first to sail emission-free sea route between Norway and Germany.Yara Eyde will operate between Oslo, Porsgrunn, Hamburg and Bremerhaven, so that from 2026, Norwegian companies can trade their products emissions-free in and out of Norway. Yara International is participating as cargo-owner.
FINLAND: âA Birthplace for Icebreakersâ
Finnish companies have designed about 80 percent of the worldâs icebreakers, and about 60 percent of them have been built by Finnish shipyards.Finland is home to a strong and vibrant maritime cluster, with a mix of large, medium and small shipyards, as well as a deep pool of marine engineering expertise and a broad network of vessel equipment suppliers.As one of the worldâs northernmost countries,âŚ
Partners Collaborate on Ammonia Bunker Vessel Technology
Azane Fuel Solutions and ammonia-to-power provider Amogy have signed an MoU to explore the feasibility of using Amogyâs technology on board an Azane bunker vessel concept.The collaboration will explore the technical and commercial feasibility of the bunker vessel and also of an Azane ammonia fuel feeder solution integrated into the Amogy power system.Azane is a Norway based company developing the worldâs first ammonia bunkering terminal.
Nordic Countries Agree on Joint CCUS Initiatives
Denmark, France, Germany, Sweden and the Netherlands have signed the Aalborg Declaration that aims at joint European cooperation on CO2 capture, use and storage (CCUS).CO2 capture, use and storage must be scaled up, both nationally and at European level, the countries agreed at the signing which occurred at the EU's CCUS Forum this week, hosted in Aalborg, Denmark."Today shows that there is European willâŚ
MHI and Orica Collaborate on Hydrogen and Ammonia
Mitsubishi Heavy Industries (MHI) and Orica have signed a Memorandum of Understanding to explore potential opportunities for collaboration on emission reduction initiatives.The collaboration covers various areas of mutual interest, including:⢠exploring technology deployment opportunities for renewable hydrogen and renewable ammonia production near Orica's facilities in Newcastle and Gladstone, Australiaâ˘âŚ
Hanwha Ocean Lands $500M Deal to Build Four Very Large Ammonia Carriers
Hanwha Ocean has secured an order worth approximately $500 million to construct four very large ammonia carriers (VLACs) for Greek shipping company Naftomar Shipping and Trading Co. Ltd. Inc (Naftomar). Each VLAC will be able to transport 93,000 cubic meters (cbm) of ammonia, a carbon-free fuel, making them the largest vessel of their class in the world, Hanwha Ocean. The vessels will be built at HanwhaâsâŚ
Committed Owners Supporting Green Financing Landscape
Hamburg-based ship finance platform oceanisâs Q4 State of Ship Finance Report comes with a thank-you to shipping companies that are committed to the green transition.Over the past decade, oceanis has seen large changes to the ship financing landscape towards greener projects. The most obvious green financiers are the Poseidon Principles banks, the initiative launched in 2019 whose signatories manage 70% of the worldâs shipping loans.
IHI, Vopak Ink Agreement to Develop Ammonia Terminals
Dutch tank storage company Vopak has signed an initial agreement with Japan's IHI Corporation to explore the development and operation of ammonia terminals, as they expect demand for the low-carbon fuel to grow amid energy transition.The companies will lean on their experience in building ammonia storage tanks and terminals to focus on developing large-scale ammonia storage terminals that will allow for economical distribution of the fuelâŚ
WinGD to Supply Methanol-fueled Engines for Six New Containerships
Swiss marine power company WinGD announced it will supply X-DF-M methanol-fueled engines for a series of six container vessels to be built at Yangzijiang Shipbuilding in China. The 9,000 TEU vessels will each be powered by an X82DF-M engine built by HD Hyundai Heavy Industriesâ Engine & Machinery Division (HHI-EMD), to be delivered in August 2025. The new vessel series will enter service in 2026 and 2027.The new orderâŚ
Yara to Store CO2 from Dutch Plant under Norway Seabed
Fertilizer maker Yara said on Monday it has signed a binding agreement to capture CO2 emissions from its Dutch ammonia plant and transport it to the Norwegian North Sea for storage deep beneath the seabed.The carbon capture and storage project (CCS) will cut annual emissions of CO2 by 800,000 tonnes over a 15 year period, the Norwegian company said in a statement.When the operation begins in 2025, it is expected to be the first time that CO2 from one nation is transported across borders for stor
Hy2gen and Amogy Partner to Propel Ammonia as a Marine Fuel
Hy2gen, the global developer, financier builder, owner and operator of renewable hydrogen and hydrogen-based e-fuels plants, and Amogy, the provider of ammonia power technology, today have signed an MoU to collaborate in the field of renewable ammonia.The agreement encompasses the pooling of resources to advance the use of renewable ammonia as a maritime fuel, participate in joint development projectsâŚ
Wärtsilä Launches 'World's First' 4-stroke Engine-based Ammonia Solution
Finland-based marine technology and equipment maker Wärtsilä has introduced the marine sectorâs "first commercially available 4-stroke engine-based solution for ammonia fuel."According to Wärtsilä, the new solution enables a significant advance in sustainable shipping operations â during a time in which ship owners are seeking viable options among green fuels. The ammonia solution is now commercially available as part of the Wärtsilä 25 engine platformâŚ
Inside Wärtsiläâs Sustainable Technology Hub
âIf we are to state our strategy in one word, itâs decarbonization,â said Juha Kytölä, director of R&D and engineering at Finnish tech company Wärtsilä. âWhat we are going toward is to supply the market with a portfolio of products that are ready for zero-carbon fuels.âIn order to achieve its sustainability goalsâincluding a 2030 target for carbon neutrality in its own operationsâWärtsilä has been taking big strides in research and developmentâŚ
Will the Effort to Reach Zero Emissions Go Nuclear?
On December 8, 1953 President Dwight D. Eisenhower addressed the 470th Plenary Meeting of the United Nations General Assembly. The speech he delivered is often recognized as his effort to introduce âAtoms for Peaceâ, a program to move nuclear fission and technology away from weapons development and into clean energy.As a result of that effort and program, the NS Savannah was built and delivered as the first nuclear-powered merchant ship.
World's First: Japanese Firms to Looking to Build Sustainable Bulk Carriers for Copper Transport from Chile
Japan's NYK Line said Thursday its NYK Bulk & Project Carriers Ltd. (NBP), Oshima Shipbuilding Co., Ltd. (OSHIMA), and Sumitomo Corporation (SUMITOMO) had signed a memorandum of understanding to study, design, and construct the worldâs first Handymax bulk carrier (ammonia dual fuel type) dedicated to the transport of copper products, that will reduce CO2 emissions to zero.The MoU signing comes just a year after Corporación Nacional del Cobre de Chile (CODELCO)âŚ
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