PaxOcean Engineering has signed an MoU with Singapore-based bunker vessel operator Hong Lam Marine and classification society Bureau Veritas to jointly develop an ammonia bunker vessel design.
Significance: The collaboration is designed to promote the use of ammonia as a marine fuel.
The Maritime and Port Authority of Singapore (MPA) welcomed the formation of a partnership to develop, trial and test-bed new designs and innovative technologies needed to accelerate the transition to a clean economy.
David Barrow, Vice President, South Asia Zone of Bureau Veritas Marine & Offshore, stressed that additional work was needed to overcome the safety and operational issues associated with ammonia.
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Maersk signs green methanol deal with China's Goldwind
Agreed annual volume of 500KT for Maersk's first 12 large methanol-fuelled ships. |
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Formula for change: UECC solution for EU ETS gives clients clarity on emission costs | UECC
Short-sea shipper calls for EU ETS formula based on 'Ro-Ro GHG Emissions Accounting Guidance' |
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Maersk posts $930m drop in Q3 fuel costs
Average bunker price fell $302 whilst consumption was 7.5% lower. |
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Bunker Holding and NeoGreen Hydrogen sign MoU for green ammonia and synthetic fuels
Danish fuel seller to market NeoGreen's products to its global client base. |
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Rubis receives first biofuel delivery
Collaboration between Cepsa and Glander International Bunkering in supply of FAME and fuel oil blend. |
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Carnival records $200m fall in bunker costs
Fuel cost per metric tonne down 33.6%; consumption steady. |
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Bunker One and Acelen launch Itaqui anchorage operation
Danish supplier expects Brazil operations to rise by around 30% as a result. |
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KPI OceanConnect and Uni-Tankers complete biofuel trial
Particulate matter emissions reduced by up to 42% compared to LSMGO, results show. |
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World's first methanol-fuelled boxship completes maiden trip
Fuel secured for initial months of operation, with bunkering to take place in Rotterdam. |
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Norden's bunker costs fall by almost a quarter
Marine fuel expenses dropped below $200m in Q2. |
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