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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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Sunday, 16 April 23
CHINA'S MARCH COAL IMPORTS JUMP TO 3-YEAR HIGH - REUTERS
China’s coal imports surged in March to their highest in any month over the past three years as utilities increased purchases on expectations ...
Sunday, 16 April 23
OPEC KEEPS WORLD OIL DEMAND GROWTH OUTLOOK UNCHANGED
The OPEC Reference Basket (ORB) declined in March by $3.43, or 4.2%, m-o-m to average $78.45/b. The ICE Brent first-month contract fell by $4.33, o ...
Sunday, 16 April 23
CHEAPER SPOT LNG PRICES TEMPT SOME ASIAN BUYERS AMID SUPPLY GAINS - REUTERS
Cheaper spot prices for liquefied natural gas (LNG) are luring price-sensitive buyers back in Asia, with China and India recording rising imports i ...
Tuesday, 11 April 23
COAL USE CLIMBS WORLDWIDE DESPITE PROMISES TO SLASH IT - AAP
The burning of coal for electricity, cement, steel and other uses went up in 2022 despite global promises to phase down the fuel that is the bigges ...
Tuesday, 11 April 23
OIL RISES ON CHINA STIMULUS EXPECTATIONS, WEAKER DOLLAR - REUTERS
Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in U.S. crude sto ...
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- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
- White Energy Company Limited
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
- Thai Mozambique Logistica
- PTC India Limited - India
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Indonesian Coal Mining Association
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Indian Energy Exchange, India
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Pendopo Energi Batubara - Indonesia
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- MS Steel International - UAE
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Independent Power Producers Association of India
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Mercator Lines Limited - India
- Bhushan Steel Limited - India
- Trasteel International SA, Italy
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
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