The Consortium, consisting of A.P. Moller – Maersk A/S, Fleet Management Limited, Keppel Offshore & Marine, Maersk Mc-Kinney Moller Center for Zero Carbon Shipping, Sumitomo Corporation and American Bureau of Shipping (“ABS”) (collectively the “Consortium”), is happy to announce the addition of Kawasaki Kisen Kaisha, Ltd.(“K”LINE) and Maritime and Port Authority of Singapore (“MPA”) to the Consortium, and the receipt of Approval in Principle (“AiP”) from ABS for the design of an ammonia bunkering vessel.
During the Singapore Maritime Week on 6 April, a memorandum of understanding (“MOU”) was signed by the Consortium with “K” LINE and MPA to develop the ammonia bunkering ecosystem on the Port of Singapore, the biggest bunkering port on the planet.
This follows a feasibility research collectively launched by the Consortium in March 2021 to develop an ammonia bunker provide chain in Singapore. In the previous 12 months, the Consortium recognized potential ammonia provide sources and indicative prices, in addition to undertook the preliminary design and value estimation for crucial infrastructure, comparable to ammonia storage tanks and bunkering vessels, resulting in the AiP from ABS for the bunker vessel design.
With the addition of “K” LINE and MPA as new members, the events will construct on the present findings and start improvement works to ascertain an built-in provide chain, with the purpose to begin ammonia bunkering by 2030.
The events will proceed to hunt cooperation with numerous stakeholders of the maritime business and related Singaporean ministries and businesses to understand the world’s first ammonia gas provide chain.
These developments are consistent with the International Maritime Organization’s (IMO) preliminary technique to halve greenhouse fuel (GHG) emissions inside the delivery business by 2050 in comparison with 2008 ranges. Ammonia, which doesn’t emit CO2 when burned, is predicted to be one of the crucial promising different marine gas that has the potential to make vital contributions to lowering GHG emissions within the delivery business.
Comment
(a)FML
Mr. Kishore Rajvanshy, Managing Director of Fleet Management Limited
“It has been great collaborating with our partners over the past year. We’re very excited for this next phase where the focus is on the development of ammonia bunkering, including the design of the vessel and the processes and procedures that will make the use of ammonia as a marine fuel a reality.”
(b)Keppel Offshore & Marine
Mr. Chris Ong, CEO of Keppel Offshore & Marine
“We are pleased to partner the consortium and pioneer the development of green infrastructure such as ammonia bunkering vessels. Leveraging our in-depth engineering and shipbuilding experience as well as LNG bunkering expertise, we are able to contribute to a holistic range of low carbon solutions, such as ammonia as a marine fuel, that will reduce carbon emission and drive the industry’s energy transition.”
(c)Center
Mr. Bo Cerup-Simonsen, CEO of Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping
”Close collaboration between private and non-private sector is essential so as to decarbonize the maritime business by 2050. Safe dealing with of ammonia in ports and onboard vessels is an ideal instance of an space that requires efficient collaboration between a number of events as operational, security, environmental and regulatory points have to be solved in parallel. With MPA onboard we have now optimum situations for a big scale demonstration to help the event tips, security frameworks and requirements for the ammonia gas pathway.”
(d)ABS
Mr. Georgios Plevrakis, ABS Vice President of Global Sustainability
“Ammonia is a fuel with significant potential as a solution for shipping companies looking to decarbonize their operations. ABS is committed to supporting its safe adoption by the industry. We are proud to be able to our industry-leading insight to support our partners with this landmark project.”
(e)“K”LINE
Mr. Yukikazu Myochin, President & CEO, Kawasaki Kisen Kaisha, Ltd.
“We are proud to take part on this progressive challenge in Singapore as a world class bunkering hub and play an important position to deal with widespread problem in the direction of decarbonization of world delivery. We consider the collaboration with leaders in maritime business beneath this MOU will contribute to develop ammonia bunkering in Singapore and the attainment of Approval in Principle for ammonia bunkering vessel is a exceptional milestone in our journey to decarbonise world delivery.’’
(f)Sumitomo Corporation
Mr. Koji Endo, General Manager of Energy Division, Sumitomo Corporation
“We see ammonia as an important future fuel to contribute to the realization of a decarbonized society. Through the close collaboration among like-minded partners in the past year, we have gained not only AiP for the Ammonia Bunkering Vessel but immense insights, both technical and commercial, on the key drivers and challenges to establish an end-to-end supply chain for ammonia bunkering. Leveraging on these insights, and with the addition of strong partners like MPA and “K”LINE to the MOU, we’re assured that we will meaningfully progress the event works and goal to be among the many first to begin ammonia bunkering enterprise in Singapore.’’
Source: Kawasaki Kisen Kaisha, Ltd.