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KR Approves Methanol-fueled MR Tanker
Korean Register (KR) has granted an approval in principle (AIP) for a methanol-fueled MR tanker, jointly developed by KR, South Korean shipbuilders K Shipbuilding and equipment manufacturer S&SYS.As part of the joint development project (JDP) between the three companies, the MR tanker is designed as a dual-fuel vessel, harnessing the power of marine gas oil (MGO) and methanol. The vessel incorporates…
LR and LISCR Award Design Approval for World’s First 22,000cbm Multi-gas Carrier
Lloyd’s Register (LR) and the Liberian International Ship & Corporate Registry (LISCR) have awarded design approval to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and Hyundai Mipo Dockyard (HMD) for the development of the world’s first 22,000cbm multi-gas carrier as part of a joint development project for LCO2 carrier design and development. The vessel will be capable of carrying liquified carbon dioxide (LCO2)…
Kongsberg Maritime Unveils Next-gen Offshore Vessel Designs
Norway's Kongsberg Maritime on Tuesday showcased a new line of offshore ship designs in its UT Design portfolio. The new anchor handler (AHT) and platform supply vessels (PSV) have the option to include alternative energy sources and fuels, such as methanol, ammonia, and hybrid-battery power.The AHT and PSV designs have received Approval in Principle from class society DNV to operate with ammonia-fuelled engines and they can incorporate an offshore charging capable plug-in hybrid option…
Amogy Increases Series B Round to $150 Million
Brooklyn, N.Y. based startup Amogy on Monday announced it has raised more funds to help it commercialize and begin manufacturing its emissions-free ammonia-to-power technology for marine and industrial applications. The company aims to bring its first product to market in 2024.Amogy said its Series B-2 fundraising was joined by Marunouchi Climate Tech Growth Fund, Mitsubishi Corporation, Mitsubishi Heavy Industries America and Synergy Marine, raising $11 million.
Powering the North American Maritime Fuel Transition
Offshore service vessels, along with workboats serving harbors and inland rivers, have embarked on an industry-wide voyage toward reduced emissions of greenhouse gasses. Professor Craig Philip, a faculty member with Vanderbilt University’s Center for Transportation and Operational Resilience (VECTOR) and former CEO of Ingram Barge Company, provides this context: “The Maritime Sector has long provided shippers with the most fuel-efficient and sustainable freight transport option…
WinGD and Mitsubishi Shipbuilding Sign MoU for Ammonia Collaboration
Swiss marine power company WinGD and Japanese shipbuilder and technology developer Mitsubishi Shipbuilding Co., Ltd. have signed a memorandum of understanding to enter into a partnership on ammonia-fuelled vessels.The project will see WinGD applying its X-DF-A ammonia-fuelled engines to a range of vessel designs, with Mitsubishi both designing the vessels and completing the fuel chain with its ammonia fuel supply system (AFSS).Manabu Kawakado…
New Bulk Carriers to Feature Ammonia-to-Hydrogen Cracking
The Norwegian company Pherousa Green Shipping, together with Pherousa Green Technologies, has announced plans for up to six Ultramax dry bulk carriers which will feature ammonia-to-hydrogen cracking technology to provide fuel for onboard fuel cells.Deltamarin has developed the innovative long endurance ammonia-fueled Ultramax bulk carrier concept together with PGT.Metacon recently announced the delivery…
RINA and Eni Set Sail on a Journey to Decarbonize Maritime Operations
RINA, an international company specializing in inspection, certification, and engineering consultancy, and Italian energy company Eni have signed an agreement to jointly develop initiatives that can contribute to the energy transition and decarbonization of their respective operations and particularly maritime transport.The agreement focuses on the use of HVO (Hydrogenated Vegetable Oil) biofuel produced by Eni in its Venice and Gela bio-refineries…
Hanwha Completes Purchase of DSME
The Hanwha Group has completed its take over of Daewoo Shipbuilding & Marine Engineering (DSME), renaming it Hanwha Ocean.Hanwha Vice Chairman Kwon Hyuk-woong has been appointed as CEO of the shipyard.The Korea Times reports that DSME suffered a 1.6 trillion won operating loss last year and 1.7 trillion won the year before. During the first three months of this year, it suffered 62.8 billion won in…
Ukraine Says Russia Prevents Black Sea Grain Deal Port Operating
The Ukrainian port of Pivdennyi has halted operations because Russia is not allowing ships to enter it, in effect cutting it out of a deal allowing safe Black Sea grain exports, a Ukrainian official said on Tuesday.The Black Sea Grain Initiative signed by Russia and Ukraine last July, and extended last week for two months, is intended to guarantee the safe wartime export of grains and foodstuffs from three Ukrainian ports - Odesa…
ABS Uses Simulation and Modeling to Tackle Ammonia’s Safety Challenge
Classification society ABS said it is using advanced modeling and simulation technologies to develop emergency response methods to assist ports and crew in responding to ammonia leaks or spills.It is the first step toward a comprehensive and fast ammonia release response system, capable of predicting the behavior of an ammonia plume and directing emergency mitigation services accordingly.Thanks to its potential for zero-carbon emissions…
UN Concerned by Lack of Grain Ships Going to One Ukrainian Port
The United Nations expressed concern on Monday that Ukraine's Black Sea port of Pivdennyi (Yuzhny) has not received any ships since May 2 under a deal allowing the safe wartime export of grain and fertilizer.U.N. spokesman Stephane Dujarric did not say who was to blame for the lack of ships traveling to the port, near Odesa, which is also where Russia used to pump up to 2.5 million tonnes of ammonia…
Managing Offshore Oil & Gas Through Energy Transition
Scientists warn that climate change is the greatest peril that humankind has ever faced. Yet oil and gas exploration is set to clock the highest growth for more than a decade this year and next. Protesters cause disruption but, for the moment, hydrocarbon energy underpins life as we know it“Offshore oil and gas production probably matters now more than ever,” said Audun Martinsen. The Rystad Energy…
Black Sea Gain Corridor has Not Yet Resumed Operations
The Black Sea grain corridor designed to ensure the safe supply of Ukrainian food to world markets has not yet resumed operation despite statements by Turkey and Russia on extending the agreement, a senior Ukrainian official said on Thursday.The deal has been extended for two more months, in what U.N. Secretary-General Antonio Guterres hailed on Wednesday as “good news for the world,” a day before…
Ukraine Black Sea Grain Deal Extended for Two Months
The Ukraine Black Sea grain deal has been extended for two more months, in what U.N. Secretary-General Antonio Guterres hailed as "good news for the world," a day before Russia could have quit the pact over obstacles to its grain and fertiliser exports.Turkish President Tayyip Erdogan announced the extension in a televised speech and it was later confirmed by Russia, Ukraine and the United Nations.The…
SHI European 'Road Show' Showcases New Ship Designs
Samsung Heavy Industries (SHI) held aTechnology Road Show in Europe as an official debut of its new design ship.SHI held its "Samsung Technical Seminar in Athens" at the Marriott Hotel in Athens, Greece, and announcing details on a pair of new designs: an LNG carrier and a container ship.SHI reports the event attracted 70 people from 35 companies, including shipowners such as Minerva, GasLog, Shell…
Skarv Gets Enova Funding for Three Ammonia-fueled Ships
The Norwegian government is providing financial support for the construction of three cargo ships that will run emissions-free along the Norwegian coast.Enova, a Norwegian government enterprise promoting the use of clean energy, said it is providing NOK 130 million to Skarv Shipping Solutions AS for the acquisition of three cargo ships that will run on batteries, ammonia engines, rotor sails and energy-saving hull design.
Germany's LNG Import Terminals Tackle Challenges
A German government-backed liquefied natural gas (LNG) terminal project at Mukran on Ruegen island in the Baltic Sea, near existing LNG reception facilities delivering…
Platts Launches Tanker Freight Rates to Reflect Costs of New Fuels
Platts, part of S&P Global Commodity Insights, has launched new price assessments for tanker base freight rates that factor in pricing for alternative fuels, the agency said on Tuesday.The move comes as the agency expects the maritime sector's use of alternative fuels, such as liquefied natural gas (LNG) to grow significantly in the next few years.With about 90% of world trade transported by sea, shipping accounts for nearly 3% of the world's CO2 emissions…
UN Efforts to Save Black Sea Grain Deal to Continue in Coming Days
The U.N. aid chief said on Monday efforts will continue in coming days to extend a deal allowing the safe Black Sea export of Ukraine grain, a pact Russia has threatened to quit on May 18 over obstacles to its grain and fertilizer exports.The final two ships are due to leave Ukrainian ports on Tuesday under the Black Sea deal, said a U.N. spokesperson."Continuation of the Black Sea Initiative is critically important," Martin Griffiths told a U.N. Security Council meeting on Ukraine.