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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| LNG the only viable fuel: SEA-LNG [News & Insights] |
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