• 2021 February 24 11:23

    MPA joins industry in ammonia fuelled tanker JDP

    Name “The Castor Initiative” revealed for expanded Coalition

    Ammonia-fuelled tanker Joint Development Project (JDP) partners - MISC Berhad (MISC), Lloyd’s Register (LR), Samsung Heavy Industries (SHI) and MAN Energy Solutions (MAN) announced the entry of two new partners – the Maritime and Port Authority of Singapore (MPA) and Yara International ASA (Yara) at a recent webinar focused on Ammonia as a Shipping Fuel which was organized by the Getting to Zero Coalition’s Fuels & Technologies workstream. The JDP partners also went on to announce a name for the expanded coalition - The Castor Initiative.

    Leading fertilizer company - Yara will work alongside MISC, LR, SHI and MAN to develop ammonia propulsion ships to support the maritime industry’s drive to decarbonisation.

    In addition, the consortium will be able to tap onto MPA’s experience as a bunkering hub and flag state to gather insights on safety issues and ammonia bunkering procedures, and gain access to research capabilities in Singapore.

    The addition of MPA and Yara means that the alliance which was first unveiled in January 2020, now has a complete representation from all areas of the maritime ecosystem. The experience and expertise of each partner will be central to the success of the initiative, from conception to project realisation.

    This announcement follows a key project milestone in September 2020 when LR awarded Approval in Principle to SHI for its ammonia-fuelled tanker design with the aim of commercialising these developments by 2024.

    To meet the International Maritime Organization’s (IMO) 2050 ambitions on halving greenhouse gas (GHG) emissions from 2008 levels, zero-carbon vessels need to enter the world fleet by 2030. The JDP was motivated by the partners’ shared belief that the maritime industry needs leadership and greater collaboration if shipping is to meet the IMO’s GHG ambitions.

    While ammonia is one of the fuels being considered by maritime stakeholders, the partners also recognise that the shipping industry will need to explore multiple decarbonisation pathways and hope their collaboration will spur others in the maritime industry to join forces on addressing this global challenge.

    Quotes by JDP Partners

    Maritime and Port Authority of Singapore
    MPA Chief Executive, Ms Quah Ley Hoon, said, “Decarbonisation remains a key priority for the maritime sector, not just in Singapore but globally. As a transshipment and bunkering hub, we are committed to meet IMO2030/2050 decarbonisation goals. We are also looking forward to collaborating with like-minded industry partners to support the development and trials of alternative future marine fuels such as ammonia.”

    Yara International ASA
    “Supporting the enabling role of ammonia in the energy transition, we recognize the need for value chain collaboration to make zero emission shipping by using ammonia as a fuel a reality,” said Magnus Ankarstrand, EVP Clean Ammonia, Yara.

    MISC Berhad
    MISC President and Group CEO, Yee Yang Chien said, “We are honoured to have MPA and Yara join us as partners on this journey to develop deep sea zero carbon vessels. This JDP has come a long way since our inception in January 2020 and it now stands complete as Castor Initiative; with absolute collaboration and commitment from principal key stakeholders in the shipping industry. We are certainly excited with the expansion of the alliance and look forward to unlocking new possibilities to accomplish our GHG aspirations ahead of 2050 together with MPA and Yara, both of which are global leaders in their respective areas of authority and expertise.”

    Lloyd’s Register
    LR Group CEO Nick Brown said, “Making deep-sea zero-carbon vessels a reality within this decade calls for leadership commitment and collaborative action.  Lloyd’s Register welcomes the expertise that the MPA and Yara will bring to the ammonia-fuelled tanker joint development project (JDP). The calibre of the partners involved in this JDP as well as the milestones agreed are testament to the maritime industry’s determination to deliver on the IMO’s 2050 GHG ambitions.”

    Samsung Heavy Industries
    SHI President and CEO Jin Taek Jung said, “In the course of energy transition, joining this JDP towards developing zero-carbon vessels coincides with our endeavor to find sustainable growth momentum and fulfill our social responsibility for clean environment. The long-term journey to realize zero-carbon and ultimately zero-emission vessels requires extensive cooperation of the stakeholders in the maritime industry. In light of this, participation of the Maritime and Port Authority of Singapore and Yara raises our expectations for the outcome of this JDP by adding expertise and fostering an ecosystem of the JDP partners playing a key role in the fields encompassing ammonia supply to operating vessels.”

    MAN Energy Solutions
    Brian Østergaard Sørensen – Vice President and Head of R&D, Two-Stroke Business – at MAN Energy Solutions said, “We are looking forward to working with such distinguished industry partners on this joint development project that is so closely aligned with our own strategy to develop sustainable technologies. In this respect, ammonia is a very interesting candidate as a zero-carbon fuel. The right engine technology is key to decarbonisation and MAN Energy Solutions already has a convincing track-record in developing engines that run on alternative fuels. We look forward to adding our expertise to this study.”




2021 April 21

18:44 Russian President suggests providing federal infrastructure loans
18:35 MAN Energy Solutions to partner on world’s largest liquid-air energy-storage (LAES) project
18:05 Port of Dampier sets sail with 10-year roadmap
17:35 Port of Amsterdam postpones the implementation date of the Green Award requirement for river cruise ships for a year
17:33 First Candela C-7 hydrofoil delivered to customers on the US East coast
17:15 Maersk launches rail service between Gurugram and APM Terminals Pipavav Port
16:35 Wärtsilä seeks breakthrough in clean propulsion as part of Finnish consortium
16:15 BIMCO asks the IMO to improve the ballast water record book
15:14 Russian container transport giant RUSCON opens its office in the Netherlands
14:41 Shipping bodies call on world leaders to bring forward discussions on global market-based measures
14:18 Volvo Penta is now taking orders on its full Stage V marine engine range
14:13 DEME wins first floating offshore wind EPCI contract for the Leucate wind farm
13:02 S&P affirmed DeloPorts rating at B+ based on the results of 2020 with stable outlook
12:15 Korean Register launches latest ‘SeaTrust-HullScan’
11:30 MPA inks collaborations with partners to advance decarbonisation efforts
11:07 IAP on Maritime Decarbonisation unveils nine pathways to support decarbonisation in the maritime industry
10:37 European first for UK firm pioneering technology to transform shipping industry
10:27 Europe’s first Maritime value chain project for Liquid Hydrogen is short-listed as Norwegian candidate for IPCEI Hydrogen
09:51 Icebreaker assistance period ends at Passenger Port of St. Petersburg from April 21
09:30 Oil prices decrease amid returning COVID-19 risks
09:12 Baltic Dry Index as of April 20

2021 April 20

18:19 China's Sinopec successfully starts up two Dupont™ STRATCO® alkylation technology units
18:05 MINT Fund grant scheme to provide maritime technology start-ups in Singapore
17:25 MPA launches Singapore’s first Maritime Drone Estate
17:15 SEA-LNG warns against delay in addressing shipping decarbonisation
17:08 Launch of Singapore’s MDE as test bed for drone technologies
16:44 RF President signs law on long-term agreements for providing services involving nuclear-powered icebreakers
16:15 ONE launches Green Strategy Department
15:43 Solstad Offshore signs long-term contract for PSV in UK
15:20 ABS and Rainmaking to support Singapore’s decarbonization entrepreneurs
15:05 Icebreaker assistance period ends at the port of Vysotsk in the Leningrad Region
14:26 Budget allocations for construction of LNG terminal in Kamchatka Territory to exceed RUB 21 billion
14:02 Hiab to supply 37 loader cranes in Spain to maintain railway infrastructure
13:23 Alfa Laval starts testing methanol fuel cell systems for sustainable marine power supply
13:01 Bollinger Shipyards acquires Gulf Island Fabrication’s shipyard facilities
12:57 Icebreaker assistance period ends at Big Port St. Petersburg from April 21
12:30 Port of Helsinki cargo traffic up 3.6% in Q1 2021
12:11 Port of Antwerp expands its fleet with energy-efficient tugs
11:59 Investments at the Port of Gdynia – earlier than planned
11:18 Crowley completes first U.S. design for fully electric tug with autonomous technology
11:06 Admiralteiskie Verfi shipyard commences mooring trials of diesel-electric submarine named Magadan
10:35 Northern Dvina Basin Administration opens navigation season of 2021
10:07 SMW 2021: Maritime innovation in Singapore receives boost
09:48 KN and AFRY sign agreement on long-term capacity allocation and pricing model study of Lithuanian LNG terminal
09:29 Oil prices rise on OPEC+ expectations
09:12 Baltic Dry Index as of April 19

2021 April 19

18:47 550 industry leaders discussed navigating maritime industry transformation through collaboration
18:30 Offshore International joins forces with Mammoet to deliver turnkey logistical solutions
18:16 Industry collaboration to develop guidance on the safe use of Ammonia as a fuel
17:57 RFC to provide personal scholarships to naval cadets
17:36 Milaha and Schlumberger commence well stimulation vessel operations in Qatar
17:16 CMA CGM launches SERENITY deductible guarantee
17:06 Dublin Port volumes down by 15% in Q1 2021
16:49 Rosmorport continues ensuring safe pilotage of gas tankers arriving from Russian Arctic to LNG handling facility
16:30 BAR Technologies and Yara Marine partner to bring WindWings to global shipping market
16:03 4th Advanced Maritime Leaders’ Programme to focus on leadership in times of global crisis
15:37 Average spot market price for Russian M100 product fell to RUB 22,219 pmt
15:36 Wärtsilä navigation systems to secure safe and efficient operation for 10 LNG gas carriers in Arctic operations
15:15 Throughput of Port Vanino in 3M’21 rose by 7%
14:48 Ten companies and one individual recognised for contributions to Maritime Singapore at Singapore International Maritime Awards 2021