• 2024 April 11 13:12

    MITSUI to jointly develop ammonia fueled bulk carriers with five partners

    MITSUI E&S Co., Ltd. (MITSUI E&S) says that, together with ITOCHU Corporation ("ITOCHU"), Nihon Shipyard Co., Ltd. ("Nihon Shipyard"), MAN Energy Solutions ("MAN"), Kawasaki Kisen Kaisha, Ltd. ("K" Line"), and NS United Kaiun Kaisha, Ltd. ("NS United") has executed a Memorandum of Understanding ("MOU") regarding joint development effort for the commercialization of ammonia fueled ships.

    Ammonia is advancing as a key zero-emission marine fuel solution and it will greatly contribute to Greenhouse Gas (GHG) emissions reduction if ammonia can be commonly used as a marine fuel. The development and commercialization of ammonia dual fueled engine on which ammonia fuel is used for a primary fuel (Ammonia Fueled Engine) is essential for widespread use of ammonia fueled ship ("Ammonia-Fueled Ship"). In particular, the ensuring of safety in the handling of toxic ammonia and the confirming of stable operations at sea are important milestones on the road to the social implementation. This MOU is based on the premise that 200,000 deadweight ton class bulk carriers to be built by Nihon Shipyard will be equipped with Ammonia Fueled Engines being developed by MAN and manufactured by MITSUI E&S as a "pilot project" prior to commercialization, and that the necessary operational data will be collected after the delivery of the ships, for the commercialization of Ammonia Fueled Engines and Ammonia-Fueled Ships in cooperation with other parties involved.

    The execution of this MOU is an important milestone for the implementation of Ammonia-Fueled Ships, a new challenge being taken on by the maritime industry, and also an important step in the ongoing implementation of the "Integrated Project" being facilitated by ITOCHU.

    MITSUI E&S and partners will proceed with the development of the Ammonia Fueled Engines and Ships based on this MOU, and aim to begin its social implementation once it is ready in accordance with the "Integrated project for development and social implementation of ammonia fueled ships" which was adopted to the "Green Innovation Fund Project / Development Project for Next-Generation Ships / Development of Ammonia Fueled Ship", a project publicly offered by New Energy and Industrial Technology Development Organization (NEDO) in October 2021.

    In accordance with this MOU, MITSUI E&S will manufacture and supply the world's first two-stroke MAN B&W ammonia dual fueled engine and will develop and supply related system. As a marine propulsion system supplier, MITSUI E&S will continue to contribute to the realization of a decarbonized society in the field of marine logistics.


2024 May 18

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2024 May 17

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15:13 Marine fuel demand in Panama declined in April 2024
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14:23 ILWU Canada agrees to delay serving 72-hour strike notice on employer DP World Canada
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2024 May 16

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13:25 The European Commission grants PCI status to CO2 value chain project developed by MOL with partners
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10:04 AMSA collaborates on a trial providing more recycling options for visiting foreign ships
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2024 May 15

18:07 MOL holds naming ceremony for newbuilding LNG carrier Greenergy Ocean to serve China National Offshore Oil Corporation
17:30 ClassNK and StormGeo mark significant collaboration to advance maritime decarbonization
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16:45 HD KSOE to lease Subic shipyard in Philippines
16:25 Eidsvaag receives two forage carrier vessels designed and equipped by Kongsberg Maritime
15:58 ADNOC delivers first ever bulk shipment of CCS-enabled certified low-carbon ammonia to Japan
15:35 World's 1st wind challenger-equipped coal carrier achieves fuel savings of 17%
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13:32 CMA CGM to launch MCX - West Coast Central America
12:51 Port of Long Beach cargo volumes up 14.4% in April
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11:41 Hapag-Lloyd transport volumes increased by 6.8 percent to 3 million TEU in Q1 2024
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2024 May 14

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15:29 The Ports of Barcelona and Shanghai will work together on innovation and decarbonisation projects
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11:30 Maris Fiducia team up with HAV Hydrogen, Norwegian Hydrogen and Ankerbeer for zero emission bulk shipping
11:05 ABS and HD Hyundai Group sign MOU to advance medium-voltage power systems on ships
10:43 Finnlines’ new freight-passenger Superstar-class vessel Finnsirius awarded by Shippax
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2024 May 13

18:00 Capital dredging commences for Lowestoft Eastern Energy Facility
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