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Monday, 17 July 23
APPROVED AMMONIA-FUELED CONTAINERSHIP - BENEFITS AND RISKS: REED SMITH
Following the news in Offshore Energy that Korea Maritime Consultants has secured approval in principle from the American Bureau of Shipping for its design of an ammonia-fueled containership, Voirrey Blount, admiralty manager at law firm Reed Smith, has commented on the benefits and risks of using ammonia as a fuel.
Voirrey Blount, admiralty manager at law firm Reed Smith, said: “As the shipping industry seeks to hit the IMO 2050 targets, an ever-increasing amount of fuels are being touted as the game-changer that will help the industry reach those aims.
ABS, a major classification society, has recently approved a small ammonia fuelled vessel to go into production. Ammonia is one of many fuels that has thrown its hat in the ring and this latest ABS approval is an important step forward given the array of difficulties users will face by using ammonia as a fuel.
When ammonia is burnt it produces nitrogen and water, it does not contain any carbon and therefore no CO2 is emitted during combustion. However, whilst being better on the CO2 emissions, ammonia combustion may produce both nitrogen oxide and nitrous oxide as a by-product. Nitrous oxide is substantially more potent (around 270 times more) in terms of greenhouse effects than CO2. This risk needs to be mitigated and there are various options being explored by the industry such as the use of a catalyst or by tuning the actual combustion process to keep it within a certain temperature and pressure which can stop or severely limit the chance of nitrous oxide being produced.
When green ammonia (i.e. ammonia produced from air and water using renewable energy) is used, ammonia can be a zero-carbon fuel from a well-to-wake perspective and pending potential future changes to the CII regulations this may be a significant draw when compared to other fuels.
Many smaller vessels operate closer inshore and often find themselves navigating in emissions restricted areas, for example feeder container ships operating in the North Sea and Baltic Sea special sulphur emission control area (SECA). The focus on developing adaptable new-fuel technology for this size of vessel provides an ability for owners to comply with the stringent emission rules and achieve decarbonisation targets faster.
Ammonia is highly toxic to both people and the marine environment, so any on board leak would be a major emergency. Ammonia is often stored under pressure, increasing potential risks when bunkering, and a high level of alignment is needed between international regulators to ensure safety for the shore-side, the vessel and the environment.
It will be interesting to see which industry players start to place orders for ammonia-fueled vessels given the recent surge in orders for dual-fuel methanol vessels.”
Source: Reed Smith
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Wednesday, 31 January 24
CHINA'S INNER MONGOLIA COAL OUTPUT HIT 1.21B TONS IN 2023 - XINHUA
North China’s Inner Mongolia autonomous region churned out 1.21 billion tons of coal in 2023 as it strives to guarantee the country’s e ...
Wednesday, 31 January 24
GAS EXPORTS COST U.S. CONSUMERS MORE THAN $100 BILLION OVER 16-MONTH PERIOD - IEEFA
Limited Demand Growth Could Dampen the Dry Bulk Market in the Coming Months BIMCOStarting in late 2021—before its invasion of Ukraine—R ...
Tuesday, 30 January 24
LIMITED DEMAND GROWTH COULD DAMPEN THE DRY BULK MARKET IN THE COMING MONTHS - BIMCO
Demand
In our base scenario, we expect cargo demand to grow by 0-1% in 2024 and 0.5-1.5% in 2025. This is a 0.5 percentage point reduction for ...
Friday, 26 January 24
RED SEA DIVERSIONS ADD NEARLY A MILLION DOLLARS PER VOYAGE TO SHIPPING COSTS WHILE DOUBLING TRANSIT TIME - LSEG
The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra $932,905 USD per voyage whi ...
Friday, 26 January 24
HARD COAL GUARDIAN ANGEL OF THE ENERGY SUPPLY - GERMANY COAL IMPORTERS ASSOCIATION
- No security of supply without hard coal
- The Substitute Power Plant Provision Act (EKBG) must be extended
- Higher grid fees due to the ...
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Showing 46 to 50 news of total 6871 |
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- Kideco Jaya Agung - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Baramulti Group, Indonesia
- The University of Queensland
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Singapore Mercantile Exchange
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indika Energy - Indonesia
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- Gujarat Sidhee Cement - India
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Formosa Plastics Group - Taiwan
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- TNB Fuel Sdn Bhd - Malaysia
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