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Wednesday, 17 August 22
PAXOCEAN, HONG LAM MARINE AND BUREAU VERITAS SIGN MOU TO DEVELOP AMMONIA BUNKER VESSEL DESIGN - BUREAU VERITAS
 PaxOcean Engineering Pte. Ltd. has signed a Memorandum of Understanding (MOU) with Singapore-based bunker vessel operator Hong Lam Marine and classification society Bureau Veritas (BV) to jointly develop an ammonia bunker vessel design.
With the signing of this MOU, PaxOcean will focus on developing designs for ammonia-fueled and ammonia bunkering vessels, leveraging its deep technological capabilities and expertise.
Bureau Veritas will verify compliance with the most applicable and up-to-date rules, particularly those related to the handling of ammonia, drawing on BV’s expertise in ammonia carriage and operations, and previous technical studies on ammonia as a fuel.
Hong Lam Marine’s role is to provide input specific to operational data, and to support and validate the suitability of the ship design for commercial operations. The MOU will foster innovation in smart and autonomous ship technologies, and support the use of green ammonia as a sustainable fuel to help decarbonise global shipping.
The Maritime and Port Authority of Singapore (MPA) welcomes the formation of a strong partnership among industry partners to develop, trial and test-bed new designs and innovative technologies needed to accelerate the transition to a clean economy.
Ms Quah Ley Hoon, Chief Executive of MPA said: “I congratulate the collaboration between Bureau Veritas, PaxOcean Engineering and Hong Lam Marine to study the design of bunkering vessels with alternate future fuels such as ammonia. As a major bunkering hub, this forward-looking collaboration aligns with our maritime decarbonization efforts to be ready for a multi-fuel bunkering transition to support the future of International shipping.”
Mr Tan Thai Yong, Chief Executive Officer of PaxOcean said: “It brings me great pleasure to share that we are adding a new fuel segment into our R&D focus by co-creating ammonia-based vessel solutions with forward looking and responsible companies like Hong Lam Marine and Bureau Veritas. We look forward to a long and fruitful partnership with Hong Lam Marine and Bureau Veritas, founded upon our complementary strengths in a push to accelerate the development of ammonia bunkering in Singapore.”
Ms Caroline Yang, Chief Executive of Hong Lam Marine Pte Ltd said: “We are pleased to be participating in the project in partnership with highly respected establishments and experts in the era of decarbonisation and sustainability in the Singapore marine fuel industry and beyond.
Together, we look forward to contributing to the development and design of the ammonia bunker vessel as we focus on our long-term social and environmental responsibilities.”
Mr David Barrow, Vice President, South Asia Zone of Bureau Veritas Marine & Offshore said: “Ammonia has great potential as a zero-carbon marine fuel and can play a significant role to help shipping reach its decarbonisation goals, but to fulfil this potential, more work is needed to overcome the safety and operational challenges. These challenges can be overcome through cross-industry collaboration, and we are very pleased to be working with PaxOcean and Hong Lam Marine to develop an ammonia bunker vessel design that de-risks ammonia as a marine fuel.”
Source: Bureau Veritas
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Tuesday, 17 January 23
CHINA'S SHANXI TARGETS 2023 COAL PRODUCTION OF NEARLY 1.37B TONS - XINHUA
China’s coal-rich province of Shanxi has set a coal production target of nearly 1.37 billion metric tons for 2023, according to a government ...
Tuesday, 17 January 23
MARKET INSIGHT - INTERMODAL
Rumor has it that the New Year has come, to set the pace in, for Russia to continue hostilities against Ukraine. Ten months on the go, into Russia& ...
Tuesday, 17 January 23
INDONESIA IS ACCOUNTING FOR 32.3% OF THE GLOBAL SEABORNE COAL MARKET IN 2022 - BENCHERO COSTA
After a slow start in the first quarter, global coal trade has really picked up pace last year, and is now fully back to pre-Covid levels, Benchero ...
Tuesday, 10 January 23
INDONESIAN HBA IS SEEING A SPIKE IN JANUARY 2023 INSTEAD OF A SIGNIFICANT FALL IN DECEMBER 2022
COALspot.com: Indonesian Coal Price Reference up 8.43% in January 2023.
HBA is seeing a dramatic spike in January 2023 i ...
Sunday, 08 January 23
INDIAN COAL POWER PLANTS SHOULD BE COMPENSATED FOR 2022 FORCED GENERATION – REGULATOR : REUTERS
Indian power plants that rely on imported coal should be fully compensated when forced to supply electricity, the country’s power regulator s ...
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- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- IEA Clean Coal Centre - UK
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- MS Steel International - UAE
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- The University of Queensland
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Heidelberg Cement - Germany
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Jaiprakash Power Ventures ltd
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
- Orica Mining Services - Indonesia
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Bhoruka Overseas - Indonesia
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- CNBM International Corporation - China
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- PTC India Limited - India
- The Treasury - Australian Government
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- ASAPP Information Group - India
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- Siam City Cement - Thailand
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
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